Cantabil Retail India Balance Sheet Health
Financial Health criteria checks 5/6
Cantabil Retail India has a total shareholder equity of ₹3.4B and total debt of ₹156.9M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ₹8.4B and ₹5.0B respectively. Cantabil Retail India's EBIT is ₹1.0B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹74.6M.
Key information
4.6%
Debt to equity ratio
₹156.90m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹74.59m |
| Equity | ₹3.40b |
| Total liabilities | ₹5.04b |
| Total assets | ₹8.44b |
Recent financial health updates
Cantabil Retail India (NSE:CANTABIL) Seems To Use Debt Quite Sensibly
May 20
Cantabil Retail India (NSE:CANTABIL) Seems To Use Debt Quite Sensibly
Dec 28These 4 Measures Indicate That Cantabil Retail India (NSE:CANTABIL) Is Using Debt Reasonably Well
Sep 19These 4 Measures Indicate That Cantabil Retail India (NSE:CANTABIL) Is Using Debt Extensively
Jan 30Recent updates
Further Upside For Cantabil Retail India Limited (NSE:CANTABIL) Shares Could Introduce Price Risks After 26% Bounce
Jul 02Cantabil Retail India (NSE:CANTABIL) Is Due To Pay A Dividend Of ₹0.40
Feb 10Under The Bonnet, Cantabil Retail India's (NSE:CANTABIL) Returns Look Impressive
Dec 02Here's Why We Think Cantabil Retail India (NSE:CANTABIL) Might Deserve Your Attention Today
Aug 09Cantabil Retail India (NSE:CANTABIL) Seems To Use Debt Quite Sensibly
May 20Returns On Capital Are A Standout For Cantabil Retail India (NSE:CANTABIL)
Aug 31Here's Why Cantabil Retail India (NSE:CANTABIL) Has Caught The Eye Of Investors
Aug 12The Return Trends At Cantabil Retail India (NSE:CANTABIL) Look Promising
May 12If You Like EPS Growth Then Check Out Cantabil Retail India (NSE:CANTABIL) Before It's Too Late
Apr 02Cantabil Retail India (NSE:CANTABIL) Seems To Use Debt Quite Sensibly
Dec 28These 4 Measures Indicate That Cantabil Retail India (NSE:CANTABIL) Is Using Debt Reasonably Well
Sep 19Cantabil Retail India Limited's (NSE:CANTABIL) 0.5% Dividend Yield Looks Pretty Interesting
May 02Cantabil Retail India (NSE:CANTABIL) Might Be Having Difficulty Using Its Capital Effectively
Mar 22Insider Buying: The Cantabil Retail India Limited (NSE:CANTABIL) Whole Time Director Just Bought ₹1.7m Worth Of Shares
Mar 04Cantabil Retail India Limited (NSE:CANTABIL) Passed Our Checks, And It's About To Pay A ₹1.00 Dividend
Feb 07
These 4 Measures Indicate That Cantabil Retail India (NSE:CANTABIL) Is Using Debt Extensively
Jan 30Financial Position Analysis
Short Term Liabilities: CANTABIL's short term assets (₹3.2B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: CANTABIL's short term assets (₹3.2B) do not cover its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: CANTABIL's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: CANTABIL's debt to equity ratio has reduced from 49.3% to 4.6% over the past 5 years.
Debt Coverage: CANTABIL's debt is well covered by operating cash flow (714.9%).
Interest Coverage: CANTABIL's interest payments on its debt are well covered by EBIT (3.4x coverage).