Foce India Balance Sheet Health
Financial Health criteria checks 3/6
Foce India has a total shareholder equity of ₹556.5M and total debt of ₹263.8M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are ₹1.1B and ₹542.6M respectively. Foce India's EBIT is ₹99.0M making its interest coverage ratio -98958. It has cash and short-term investments of ₹24.2M.
Key information
47.4%
Debt to equity ratio
₹263.84m
Debt
Interest coverage ratio | -98958x |
Cash | ₹24.17m |
Equity | ₹556.46m |
Total liabilities | ₹542.58m |
Total assets | ₹1.10b |
Financial Position Analysis
Short Term Liabilities: FOCE's short term assets (₹461.3M) do not cover its short term liabilities (₹542.6M).
Long Term Liabilities: FOCE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FOCE's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: FOCE's debt to equity ratio has increased from 10.8% to 47.4% over the past 5 years.
Debt Coverage: FOCE's debt is well covered by operating cash flow (44.6%).
Interest Coverage: FOCE earns more interest than it pays, so coverage of interest payments is not a concern.