CSL Finance Balance Sheet Health
Financial Health criteria checks 3/6
CSL Finance has a total shareholder equity of ₹4.4B and total debt of ₹4.1B, which brings its debt-to-equity ratio to 92.8%. Its total assets and total liabilities are ₹8.7B and ₹4.3B respectively. CSL Finance's EBIT is ₹1.2B making its interest coverage ratio 3. It has cash and short-term investments of ₹355.0M.
Key information
92.8%
Debt to equity ratio
₹4.08b
Debt
Interest coverage ratio | 3x |
Cash | ₹355.01m |
Equity | ₹4.39b |
Total liabilities | ₹4.31b |
Total assets | ₹8.71b |
Recent financial health updates
No updates
Recent updates
Here's Why CSL Finance (NSE:CSLFINANCE) Has Caught The Eye Of Investors
Mar 26Should You Be Adding CSL Finance (NSE:CSLFINANCE) To Your Watchlist Today?
Nov 09CSL Finance's (NSE:CSLFINANCE) Dividend Will Be ₹2.50
Sep 03Lacklustre Performance Is Driving CSL Finance Limited's (NSE:CSLFINANCE) Low P/E
Jul 24Financial Position Analysis
Short Term Liabilities: CSLFINANCE's short term assets (₹8.6B) exceed its short term liabilities (₹26.4M).
Long Term Liabilities: CSLFINANCE's short term assets (₹8.6B) exceed its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: CSLFINANCE's net debt to equity ratio (84.7%) is considered high.
Reducing Debt: CSLFINANCE's debt to equity ratio has increased from 66.1% to 92.8% over the past 5 years.
Debt Coverage: CSLFINANCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSLFINANCE's interest payments on its debt are well covered by EBIT (3x coverage).