Filatex India Balance Sheet Health
Financial Health criteria checks 6/6
Filatex India has a total shareholder equity of ₹12.4B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹22.2B and ₹9.7B respectively. Filatex India's EBIT is ₹1.7B making its interest coverage ratio 19.7. It has cash and short-term investments of ₹820.5M.
Key information
17.7%
Debt to equity ratio
₹2.19b
Debt
| Interest coverage ratio | 19.7x |
| Cash | ₹820.50m |
| Equity | ₹12.42b |
| Total liabilities | ₹9.75b |
| Total assets | ₹22.17b |
Recent financial health updates
These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well
Jun 27
We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt
Aug 25Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?
Jul 22These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively
Mar 27Recent updates
Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture
Nov 13Most Shareholders Will Probably Agree With Filatex India Limited's (NSE:FILATEX) CEO Compensation
Sep 21Filatex India (NSE:FILATEX) Has Announced That It Will Be Increasing Its Dividend To ₹0.20
Sep 06These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well
Jun 27Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture
Apr 26Filatex India Limited's (NSE:FILATEX) Earnings Haven't Escaped The Attention Of Investors
Jan 20What Is Filatex India Limited's (NSE:FILATEX) Share Price Doing?
Nov 17Filatex India (NSE:FILATEX) Will Want To Turn Around Its Return Trends
Oct 04We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt
Aug 25Filatex India (NSE:FILATEX) Is Reducing Its Dividend To ₹0.20
Sep 07Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?
Jul 22I Ran A Stock Scan For Earnings Growth And Filatex India (NSE:FILATEX) Passed With Ease
Jun 02Under The Bonnet, Filatex India's (NSE:FILATEX) Returns Look Impressive
May 18These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively
Mar 27Filatex India Limited (NSE:FILATEX) Insiders Increased Their Holdings
Mar 12Did You Miss Filatex India's (NSE:FILATEX) Whopping 833% Share Price Gain?
Feb 25Should We Be Excited About The Trends Of Returns At Filatex India (NSE:FILATEX)?
Feb 12Is Filatex India Limited's (NSE:FILATEX) 12% ROE Better Than Average?
Jan 30
How Much Did Filatex India's (NSE:FILATEX) CEO Pocket Last Year?
Jan 17What Type Of Shareholders Make Up Filatex India Limited's (NSE:FILATEX) Share Registry?
Jan 04Financial Position Analysis
Short Term Liabilities: FILATEX's short term assets (₹8.4B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: FILATEX's short term assets (₹8.4B) exceed its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: FILATEX's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: FILATEX's debt to equity ratio has reduced from 124.2% to 17.7% over the past 5 years.
Debt Coverage: FILATEX's debt is well covered by operating cash flow (88.6%).
Interest Coverage: FILATEX's interest payments on its debt are well covered by EBIT (19.7x coverage).