Coastal Balance Sheet Health
Financial Health criteria checks 2/6
Coastal has a total shareholder equity of ₹2.6B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 127.8%. Its total assets and total liabilities are ₹6.3B and ₹3.7B respectively. Coastal's EBIT is ₹161.7M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹433.8M.
Key information
127.8%
Debt to equity ratio
₹3.32b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹433.77m |
Equity | ₹2.59b |
Total liabilities | ₹3.71b |
Total assets | ₹6.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501831's short term assets (₹3.1B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 501831's short term assets (₹3.1B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 501831's net debt to equity ratio (111.1%) is considered high.
Reducing Debt: 501831's debt to equity ratio has increased from 113.2% to 127.8% over the past 5 years.
Debt Coverage: 501831's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 501831's interest payments on its debt are not well covered by EBIT (1.1x coverage).