Filatex Fashions Balance Sheet Health
Financial Health criteria checks 4/6
Filatex Fashions has a total shareholder equity of ₹23.0B and total debt of ₹522.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹24.4B and ₹1.4B respectively. Filatex Fashions's EBIT is ₹109.4M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹5.8M.
Key information
2.3%
Debt to equity ratio
₹522.80m
Debt
Interest coverage ratio | 6.9x |
Cash | ₹5.84m |
Equity | ₹23.03b |
Total liabilities | ₹1.38b |
Total assets | ₹24.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FILATFASH's short term assets (₹2.0B) exceed its short term liabilities (₹868.1M).
Long Term Liabilities: FILATFASH's short term assets (₹2.0B) exceed its long term liabilities (₹512.8M).
Debt to Equity History and Analysis
Debt Level: FILATFASH's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: FILATFASH's debt to equity ratio has increased from 1.3% to 2.3% over the past 5 years.
Debt Coverage: FILATFASH's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: FILATFASH's interest payments on its debt are well covered by EBIT (6.9x coverage).