Chandrima Mercantiles Balance Sheet Health
Financial Health criteria checks 3/6
Chandrima Mercantiles has a total shareholder equity of ₹476.9M and total debt of ₹32.7M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ₹716.0M and ₹239.1M respectively. Chandrima Mercantiles's EBIT is ₹25.3M making its interest coverage ratio -57.8. It has cash and short-term investments of ₹70.0K.
Key information
6.9%
Debt to equity ratio
₹32.75m
Debt
| Interest coverage ratio | -57.8x |
| Cash | ₹70.00k |
| Equity | ₹476.88m |
| Total liabilities | ₹239.11m |
| Total assets | ₹715.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540829's short term assets (₹89.1M) do not cover its short term liabilities (₹141.5M).
Long Term Liabilities: 540829's short term assets (₹89.1M) do not cover its long term liabilities (₹97.6M).
Debt to Equity History and Analysis
Debt Level: 540829's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 540829's debt to equity ratio has increased from 0% to 6.9% over the past 5 years.
Debt Coverage: 540829's debt is well covered by operating cash flow (165.2%).
Interest Coverage: 540829 earns more interest than it pays, so coverage of interest payments is not a concern.