Comfort Intech Balance Sheet Health
Financial Health criteria checks 5/6
Comfort Intech has a total shareholder equity of ₹2.0B and total debt of ₹136.9M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹2.6B and ₹576.7M respectively. Comfort Intech's EBIT is ₹124.9M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹56.2M.
Key information
6.7%
Debt to equity ratio
₹136.87m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹56.23m |
| Equity | ₹2.04b |
| Total liabilities | ₹576.67m |
| Total assets | ₹2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531216's short term assets (₹957.6M) exceed its short term liabilities (₹495.6M).
Long Term Liabilities: 531216's short term assets (₹957.6M) exceed its long term liabilities (₹81.1M).
Debt to Equity History and Analysis
Debt Level: 531216's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 531216's debt to equity ratio has increased from 0.6% to 6.7% over the past 5 years.
Debt Coverage: 531216's debt is well covered by operating cash flow (93.9%).
Interest Coverage: 531216's interest payments on its debt are well covered by EBIT (6.1x coverage).