Flex Foods Balance Sheet Health
Financial Health criteria checks 0/6
Flex Foods has a total shareholder equity of ₹920.3M and total debt of ₹2.5B, which brings its debt-to-equity ratio to 266.4%. Its total assets and total liabilities are ₹3.8B and ₹2.9B respectively.
Key information
266.4%
Debt to equity ratio
₹2.45b
Debt
Interest coverage ratio | n/a |
Cash | ₹26.10m |
Equity | ₹920.30m |
Total liabilities | ₹2.90b |
Total assets | ₹3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523672's short term assets (₹1.0B) do not cover its short term liabilities (₹1.1B).
Long Term Liabilities: 523672's short term assets (₹1.0B) do not cover its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 523672's net debt to equity ratio (263.5%) is considered high.
Reducing Debt: 523672's debt to equity ratio has increased from 31.9% to 266.4% over the past 5 years.
Debt Coverage: 523672's debt is not well covered by operating cash flow (0.09%).
Interest Coverage: Insufficient data to determine if 523672's interest payments on its debt are well covered by EBIT.