A B Cotspin India Balance Sheet Health
Financial Health criteria checks 2/6
A B Cotspin India has a total shareholder equity of ₹451.1M and total debt of ₹924.6M, which brings its debt-to-equity ratio to 205%. Its total assets and total liabilities are ₹1.5B and ₹1.0B respectively. A B Cotspin India's EBIT is ₹102.6M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹4.0M.
Key information
205.0%
Debt to equity ratio
₹924.62m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹3.96m |
| Equity | ₹451.08m |
| Total liabilities | ₹1.04b |
| Total assets | ₹1.49b |
Recent financial health updates
Recent updates
Is A B Cotspin India (NSE:ABCOTS) Using Too Much Debt?
Mar 12
Investors 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 (₹666.7M) exceed its short term liabilities (₹486.1M).
Long Term Liabilities: ABCOTS's short term assets (₹666.7M) exceed its long term liabilities (₹550.2M).
Debt to Equity History and Analysis
Debt Level: ABCOTS's net debt to equity ratio (204.1%) is considered high.
Reducing Debt: Insufficient data to determine if ABCOTS's debt to equity ratio has reduced 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 (1.6x coverage).