A B Cotspin India Balance Sheet Health
Financial Health criteria checks 3/6
A B Cotspin India has a total shareholder equity of ₹684.6M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 177.7%. Its total assets and total liabilities are ₹2.0B and ₹1.3B respectively. A B Cotspin India's EBIT is ₹165.9M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹526.0K.
Key information
177.7%
Debt to equity ratio
₹1.22b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹526.00k |
| Equity | ₹684.64m |
| Total liabilities | ₹1.30b |
| Total assets | ₹1.98b |
Recent financial health updates
Recent updates
Returns At A B Cotspin India (NSE:ABCOTS) Appear To Be Weighed Down
Jul 25
Is A B Cotspin India (NSE:ABCOTS) Using Too Much Debt?
Mar 12Investors Could Be Concerned With A B Cotspin India's (NSE:ABCOTS) Returns On Capital
Feb 06There Are Reasons To Feel Uneasy About A B Cotspin India's (NSE:ABCOTS) Returns On Capital
Nov 03Investors Continue Waiting On Sidelines For A B Cotspin India Limited (NSE:ABCOTS)
Aug 15Financial Position Analysis
Short Term Liabilities: ABCOTS's short term assets (₹1.2B) exceed its short term liabilities (₹821.2M).
Long Term Liabilities: ABCOTS's short term assets (₹1.2B) exceed its long term liabilities (₹474.7M).
Debt to Equity History and Analysis
Debt Level: ABCOTS's net debt to equity ratio (177.6%) is considered high.
Reducing Debt: ABCOTS's debt to equity ratio has reduced from 197.1% to 177.7% over the past 5 years.
Debt Coverage: ABCOTS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ABCOTS's interest payments on its debt are not well covered by EBIT (1.8x coverage).