Comfort Fincap Balance Sheet Health
Financial Health criteria checks 3/6
Comfort Fincap has a total shareholder equity of ₹574.4M and total debt of ₹270.0M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are ₹869.7M and ₹295.4M respectively. Comfort Fincap's EBIT is ₹97.1M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹2.2M.
Key information
47.0%
Debt to equity ratio
₹270.05m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹2.25m |
| Equity | ₹574.38m |
| Total liabilities | ₹295.35m |
| Total assets | ₹869.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535267's short term assets (₹776.8M) exceed its short term liabilities (₹276.0M).
Long Term Liabilities: 535267's short term assets (₹776.8M) exceed its long term liabilities (₹19.3M).
Debt to Equity History and Analysis
Debt Level: 535267's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 535267's debt to equity ratio has increased from 36.1% to 47% over the past 5 years.
Debt Coverage: 535267's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 535267's interest payments on its debt are well covered by EBIT (3.8x coverage).