Celebrity Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Celebrity Fashions has a total shareholder equity of ₹291.1M and total debt of ₹911.5M, which brings its debt-to-equity ratio to 313.1%. Its total assets and total liabilities are ₹2.0B and ₹1.7B respectively. Celebrity Fashions's EBIT is ₹123.5M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹34.8M.
Key information
313.1%
Debt to equity ratio
₹911.50m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹34.80m |
| Equity | ₹291.10m |
| Total liabilities | ₹1.70b |
| Total assets | ₹1.99b |
Recent financial health updates
Here's Why Celebrity Fashions (NSE:CELEBRITY) Is Weighed Down By Its Debt Load
Jan 30
Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Dec 26Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Jun 28Celebrity Fashions (NSE:CELEBRITY) Takes On Some Risk With Its Use Of Debt
Dec 03Celebrity Fashions (NSE:CELEBRITY) Has Debt But No Earnings; Should You Worry?
Jun 13Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Jan 06Recent updates
Optimistic Investors Push Celebrity Fashions Limited (NSE:CELEBRITY) Shares Up 27% But Growth Is Lacking
Apr 13Here's Why Celebrity Fashions (NSE:CELEBRITY) Is Weighed Down By Its Debt Load
Jan 30Calculating The Fair Value Of Celebrity Fashions Limited (NSE:CELEBRITY)
Oct 30Celebrity Fashions Limited's (NSE:CELEBRITY) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 12Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Dec 26Calculating The Fair Value Of Celebrity Fashions Limited (NSE:CELEBRITY)
Aug 06Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Jun 28Celebrity Fashions (NSE:CELEBRITY) Takes On Some Risk With Its Use Of Debt
Dec 03Celebrity Fashions (NSE:CELEBRITY) Has Debt But No Earnings; Should You Worry?
Jun 13Key Things To Understand About Celebrity Fashions' (NSE:CELEBRITY) CEO Pay Cheque
Feb 28Is Celebrity Fashions (NSE:CELEBRITY) A Risky Investment?
Jan 06Celebrity Fashions Limited's (NSE:CELEBRITY) Price Is Right But Growth Is Lacking
Sep 21
Here's Why Celebrity Fashions (NSE:CELEBRITY) Has A Meaningful Debt Burden
Jul 30Financial Position Analysis
Short Term Liabilities: CELEBRITY's short term assets (₹1.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: CELEBRITY's short term assets (₹1.6B) exceed its long term liabilities (₹293.1M).
Debt to Equity History and Analysis
Debt Level: CELEBRITY's net debt to equity ratio (301.2%) is considered high.
Reducing Debt: CELEBRITY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CELEBRITY's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: CELEBRITY's interest payments on its debt are not well covered by EBIT (1.8x coverage).