Freshtrop Fruits Balance Sheet Health
Financial Health criteria checks 6/6
Freshtrop Fruits has a total shareholder equity of ₹954.3M and total debt of ₹98.3M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹1.2B and ₹238.8M respectively. Freshtrop Fruits's EBIT is ₹29.8M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹39.1M.
Key information
10.3%
Debt to equity ratio
₹98.34m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹39.11m |
Equity | ₹954.30m |
Total liabilities | ₹238.83m |
Total assets | ₹1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530077's short term assets (₹673.8M) exceed its short term liabilities (₹197.5M).
Long Term Liabilities: 530077's short term assets (₹673.8M) exceed its long term liabilities (₹41.3M).
Debt to Equity History and Analysis
Debt Level: 530077's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 530077's debt to equity ratio has reduced from 29.2% to 10.3% over the past 5 years.
Debt Coverage: 530077's debt is well covered by operating cash flow (148.8%).
Interest Coverage: 530077's interest payments on its debt are well covered by EBIT (3.2x coverage).