Active Clothing Co Balance Sheet Health
Financial Health criteria checks 3/6
Active Clothing Co has a total shareholder equity of ₹692.0M and total debt of ₹858.8M, which brings its debt-to-equity ratio to 124.1%. Its total assets and total liabilities are ₹2.2B and ₹1.5B respectively. Active Clothing Co's EBIT is ₹143.4M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹3.1M.
Key information
124.1%
Debt to equity ratio
₹858.84m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹3.09m |
| Equity | ₹691.99m |
| Total liabilities | ₹1.51b |
| Total assets | ₹2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541144's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 541144's short term assets (₹1.6B) exceed its long term liabilities (₹325.9M).
Debt to Equity History and Analysis
Debt Level: 541144's net debt to equity ratio (123.7%) is considered high.
Reducing Debt: 541144's debt to equity ratio has increased from 112.8% to 124.1% over the past 5 years.
Debt Coverage: 541144's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 541144's interest payments on its debt are not well covered by EBIT (1.7x coverage).