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 ₹-32.4M and total debt of ₹44.0M, which brings its debt-to-equity ratio to -135.9%. Its total assets and total liabilities are ₹11.8M and ₹44.2M respectively. Cochin Malabar Estates And Industries's EBIT is ₹10.2M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹452.0K.
Key information
-135.9%
Debt to equity ratio
₹44.00m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₹452.00k |
| Equity | -₹32.37m |
| Total liabilities | ₹44.16m |
| Total assets | ₹11.79m |
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 (22.2%).
Interest Coverage: 508571's interest payments on its debt are not well covered by EBIT (2.1x coverage).