CSL Finance Balance Sheet Health
Financial Health criteria checks 2/6
CSL Finance has a total shareholder equity of ₹4.7B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are ₹9.9B and ₹5.1B respectively. CSL Finance's EBIT is ₹1.4B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹633.9M.
Key information
106.3%
Debt to equity ratio
₹5.05b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹633.90m |
| Equity | ₹4.75b |
| Total liabilities | ₹5.11b |
| Total assets | ₹9.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530067's short term assets (₹9.8B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 530067's short term assets (₹9.8B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: 530067's net debt to equity ratio (93%) is considered high.
Reducing Debt: 530067's debt to equity ratio has increased from 56.8% to 106.3% over the past 5 years.
Debt Coverage: 530067's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530067's interest payments on its debt are not well covered by EBIT (2.9x coverage).