Foods and Inns Balance Sheet Health
Financial Health criteria checks 2/6
Foods and Inns has a total shareholder equity of ₹3.6B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 119.3%. Its total assets and total liabilities are ₹10.5B and ₹6.9B respectively. Foods and Inns's EBIT is ₹1.0B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹190.3M.
Key information
119.3%
Debt to equity ratio
₹4.26b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹190.29m |
Equity | ₹3.57b |
Total liabilities | ₹6.95b |
Total assets | ₹10.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507552's short term assets (₹7.8B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: 507552's short term assets (₹7.8B) exceed its long term liabilities (₹739.6M).
Debt to Equity History and Analysis
Debt Level: 507552's net debt to equity ratio (114%) is considered high.
Reducing Debt: 507552's debt to equity ratio has increased from 84.8% to 119.3% over the past 5 years.
Debt Coverage: 507552's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507552's interest payments on its debt are not well covered by EBIT (2.8x coverage).