Chordia Food Products Balance Sheet Health
Financial Health criteria checks 6/6
Chordia Food Products has a total shareholder equity of ₹141.4M and total debt of ₹5.3M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹163.5M and ₹22.1M respectively. Chordia Food Products's EBIT is ₹9.0M making its interest coverage ratio 13.3. It has cash and short-term investments of ₹16.4M.
Key information
3.7%
Debt to equity ratio
₹5.27m
Debt
Interest coverage ratio | 13.3x |
Cash | ₹16.37m |
Equity | ₹141.38m |
Total liabilities | ₹22.09m |
Total assets | ₹163.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519475's short term assets (₹46.1M) exceed its short term liabilities (₹12.8M).
Long Term Liabilities: 519475's short term assets (₹46.1M) exceed its long term liabilities (₹9.3M).
Debt to Equity History and Analysis
Debt Level: 519475 has more cash than its total debt.
Reducing Debt: 519475's debt to equity ratio has reduced from 19.1% to 3.7% over the past 5 years.
Debt Coverage: 519475's debt is well covered by operating cash flow (324.9%).
Interest Coverage: 519475's interest payments on its debt are well covered by EBIT (13.3x coverage).