Comfort Intech Balance Sheet Health
Financial Health criteria checks 4/6
Comfort Intech has a total shareholder equity of ₹1.8B and total debt of ₹288.7M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are ₹2.7B and ₹933.8M respectively. Comfort Intech's EBIT is ₹137.3M making its interest coverage ratio 6.4. It has cash and short-term investments of ₹72.8M.
Key information
16.4%
Debt to equity ratio
₹288.75m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹72.77m |
| Equity | ₹1.76b |
| Total liabilities | ₹933.84m |
| Total assets | ₹2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531216's short term assets (₹1.4B) exceed its short term liabilities (₹908.1M).
Long Term Liabilities: 531216's short term assets (₹1.4B) exceed its long term liabilities (₹25.8M).
Debt to Equity History and Analysis
Debt Level: 531216's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 531216's debt to equity ratio has increased from 2.2% to 16.4% over the past 5 years.
Debt Coverage: 531216's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531216's interest payments on its debt are well covered by EBIT (6.4x coverage).