Franklin Industries Balance Sheet Health
Financial Health criteria checks 4/6
Franklin Industries has a total shareholder equity of ₹630.0M and total debt of ₹2.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹706.1M and ₹76.1M respectively. Franklin Industries's EBIT is ₹196.9M making its interest coverage ratio -98441.3. It has cash and short-term investments of ₹223.0K.
Key information
0.4%
Debt to equity ratio
₹2.50m
Debt
| Interest coverage ratio | -98441.3x |
| Cash | ₹223.00k |
| Equity | ₹630.01m |
| Total liabilities | ₹76.06m |
| Total assets | ₹706.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540190's short term assets (₹676.4M) exceed its short term liabilities (₹73.0M).
Long Term Liabilities: 540190's short term assets (₹676.4M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: 540190's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 540190's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 540190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540190 earns more interest than it pays, so coverage of interest payments is not a concern.