Comfort Intech Balance Sheet Health
Financial Health criteria checks 4/6
Comfort Intech has a total shareholder equity of ₹1.3B and total debt of ₹113.6M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ₹1.7B and ₹362.2M respectively. Comfort Intech's EBIT is ₹92.0M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹105.2M.
Key information
8.5%
Debt to equity ratio
₹113.56m
Debt
Interest coverage ratio | 9.4x |
Cash | ₹105.22m |
Equity | ₹1.33b |
Total liabilities | ₹362.20m |
Total assets | ₹1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531216's short term assets (₹934.3M) exceed its short term liabilities (₹347.9M).
Long Term Liabilities: 531216's short term assets (₹934.3M) exceed its long term liabilities (₹14.3M).
Debt to Equity History and Analysis
Debt Level: 531216's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 531216's debt to equity ratio has increased from 3% to 8.5% 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 (9.4x coverage).