Caspian Services Balance Sheet Health
Financial Health criteria checks 3/6
Caspian Services has a total shareholder equity of ₹208.3M and total debt of ₹345.0M, which brings its debt-to-equity ratio to 165.6%. Its total assets and total liabilities are ₹1.1B and ₹941.5M respectively. Caspian Services's EBIT is ₹57.4M making its interest coverage ratio 41.8. It has cash and short-term investments of ₹47.0M.
Key information
165.6%
Debt to equity ratio
₹344.98m
Debt
| Interest coverage ratio | 41.8x |
| Cash | ₹46.95m |
| Equity | ₹208.33m |
| Total liabilities | ₹941.51m |
| Total assets | ₹1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534732's short term assets (₹1.1B) exceed its short term liabilities (₹925.0M).
Long Term Liabilities: 534732's short term assets (₹1.1B) exceed its long term liabilities (₹16.5M).
Debt to Equity History and Analysis
Debt Level: 534732's net debt to equity ratio (143.1%) is considered high.
Reducing Debt: 534732's debt to equity ratio has increased from 0% to 165.6% over the past 5 years.
Debt Coverage: 534732's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 534732's interest payments on its debt are well covered by EBIT (41.8x coverage).