Cochin Malabar Estates And Industries Balance Sheet Health
Financial Health criteria checks 1/6
Cochin Malabar Estates And Industries has a total shareholder equity of ₹-29.3M and total debt of ₹48.3M, which brings its debt-to-equity ratio to -165.1%. Its total assets and total liabilities are ₹20.5M and ₹49.7M respectively. Cochin Malabar Estates And Industries's EBIT is ₹10.0M making its interest coverage ratio 2. It has cash and short-term investments of ₹9.1M.
Key information
-165.1%
Debt to equity ratio
₹48.30m
Debt
Interest coverage ratio | 2x |
Cash | ₹9.10m |
Equity | -₹29.26m |
Total liabilities | ₹49.72m |
Total assets | ₹20.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508571 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 508571 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 508571 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 508571's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 508571's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 508571's interest payments on its debt are not well covered by EBIT (2x coverage).