Flex Foods Balance Sheet Health
Financial Health criteria checks 1/6
Flex Foods has a total shareholder equity of ₹550.4M and total debt of ₹2.8B, which brings its debt-to-equity ratio to 506.9%. Its total assets and total liabilities are ₹3.9B and ₹3.4B respectively.
Key information
506.9%
Debt to equity ratio
₹2.79b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹15.40m |
| Equity | ₹550.40m |
| Total liabilities | ₹3.37b |
| Total assets | ₹3.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523672's short term assets (₹1.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 523672's short term assets (₹1.1B) do not cover its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 523672's net debt to equity ratio (504.1%) is considered high.
Reducing Debt: 523672's debt to equity ratio has increased from 23.8% to 506.9% over the past 5 years.
Debt Coverage: 523672's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 523672's interest payments on its debt are well covered by EBIT.