Healthy Life Agritec Balance Sheet Health
Financial Health criteria checks 4/6
Healthy Life Agritec has a total shareholder equity of ₹249.9M and total debt of ₹26.8M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₹454.5M and ₹204.6M respectively. Healthy Life Agritec's EBIT is ₹18.8M making its interest coverage ratio 13.4. It has cash and short-term investments of ₹6.0M.
Key information
10.7%
Debt to equity ratio
₹26.82m
Debt
Interest coverage ratio | 13.4x |
Cash | ₹6.04m |
Equity | ₹249.91m |
Total liabilities | ₹204.56m |
Total assets | ₹454.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543546's short term assets (₹432.0M) exceed its short term liabilities (₹186.1M).
Long Term Liabilities: 543546's short term assets (₹432.0M) exceed its long term liabilities (₹18.5M).
Debt to Equity History and Analysis
Debt Level: 543546's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543546's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543546's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543546's interest payments on its debt are well covered by EBIT (13.4x coverage).