Filatex India Balance Sheet Health
Financial Health criteria checks 6/6
Filatex India has a total shareholder equity of ₹12.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹21.0B and ₹8.9B respectively. Filatex India's EBIT is ₹1.8B making its interest coverage ratio 6.2. It has cash and short-term investments of ₹968.3M.
Key information
19.2%
Debt to equity ratio
₹2.32b
Debt
| Interest coverage ratio | 6.2x |
| Cash | ₹968.30m |
| Equity | ₹12.04b |
| Total liabilities | ₹8.94b |
| Total assets | ₹20.98b |
Recent financial health updates
We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt
Aug 25
Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?
Jul 22These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively
Mar 27Filatex India (NSE:FILATEX) Seems To Be Using A Lot Of Debt
Nov 27Recent updates
Returns 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 04Are Filatex India's (NSE:FILATEX) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 20Trade Alert: The Chairman & MD Of Filatex India Limited (NSE:FILATEX), Madhu Bhageria, Has Just Spent ₹30m Buying 21% More Shares
Dec 02Filatex India (NSE:FILATEX) Seems To Be Using A Lot Of Debt
Nov 27Investors Who Bought Filatex India (NSE:FILATEX) Shares Five Years Ago Are Now Up 253%
Nov 09Financial Position Analysis
Short Term Liabilities: FILATEX's short term assets (₹7.3B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: FILATEX's short term assets (₹7.3B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: FILATEX's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: FILATEX's debt to equity ratio has reduced from 127.9% to 19.2% over the past 5 years.
Debt Coverage: FILATEX's debt is well covered by operating cash flow (72.4%).
Interest Coverage: FILATEX's interest payments on its debt are well covered by EBIT (6.2x coverage).