Flex Foods Balance Sheet Health
Financial Health criteria checks 0/6
Flex Foods has a total shareholder equity of ₹752.5M and total debt of ₹2.6B, which brings its debt-to-equity ratio to 346.7%. Its total assets and total liabilities are ₹3.9B and ₹3.2B respectively.
Key information
346.7%
Debt to equity ratio
₹2.61b
Debt
Interest coverage ratio | n/a |
Cash | ₹15.80m |
Equity | ₹752.50m |
Total liabilities | ₹3.17b |
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) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 523672's short term assets (₹1.1B) do not cover its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 523672's net debt to equity ratio (344.6%) is considered high.
Reducing Debt: 523672's debt to equity ratio has increased from 30% to 346.7% 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.