Caspian Services Balance Sheet Health
Financial Health criteria checks 3/6
Caspian Services has a total shareholder equity of ₹332.9M and total debt of ₹404.6M, which brings its debt-to-equity ratio to 121.5%. Its total assets and total liabilities are ₹955.0M and ₹622.1M respectively. Caspian Services's EBIT is ₹195.2M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹46.3M.
Key information
121.5%
Debt to equity ratio
₹404.58m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹46.26m |
| Equity | ₹332.86m |
| Total liabilities | ₹622.09m |
| Total assets | ₹954.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534732's short term assets (₹924.1M) exceed its short term liabilities (₹590.2M).
Long Term Liabilities: 534732's short term assets (₹924.1M) exceed its long term liabilities (₹31.9M).
Debt to Equity History and Analysis
Debt Level: 534732's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: 534732's debt to equity ratio has increased from 0% to 121.5% over the past 5 years.
Debt Coverage: 534732's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 534732's interest payments on its debt are well covered by EBIT (4.6x coverage).