Comrade Appliances Balance Sheet Health
Financial Health criteria checks 3/6
Comrade Appliances has a total shareholder equity of ₹198.9M and total debt of ₹190.3M, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are ₹462.6M and ₹263.7M respectively. Comrade Appliances's EBIT is ₹30.7M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹10.0M.
Key information
95.7%
Debt to equity ratio
₹190.34m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹9.95m |
| Equity | ₹198.88m |
| Total liabilities | ₹263.67m |
| Total assets | ₹462.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543921's short term assets (₹334.6M) exceed its short term liabilities (₹195.0M).
Long Term Liabilities: 543921's short term assets (₹334.6M) exceed its long term liabilities (₹68.6M).
Debt to Equity History and Analysis
Debt Level: 543921's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 543921's debt to equity ratio has reduced from 126.5% to 95.7% over the past 5 years.
Debt Coverage: 543921's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: 543921's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:19 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Comrade Appliances Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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