Franklin Industries Balance Sheet Health
Financial Health criteria checks 4/6
Franklin Industries has a total shareholder equity of ₹145.3M and total debt of ₹2.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹253.4M and ₹108.1M respectively. Franklin Industries's EBIT is ₹164.7M making its interest coverage ratio 54897.3. It has cash and short-term investments of ₹129.0K.
Key information
1.7%
Debt to equity ratio
₹2.50m
Debt
| Interest coverage ratio | 54897.3x |
| Cash | ₹129.00k |
| Equity | ₹145.28m |
| Total liabilities | ₹108.10m |
| Total assets | ₹253.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540190's short term assets (₹249.8M) exceed its short term liabilities (₹107.6M).
Long Term Liabilities: 540190's short term assets (₹249.8M) exceed its long term liabilities (₹519.0K).
Debt to Equity History and Analysis
Debt Level: 540190's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 540190's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: 540190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540190's interest payments on its debt are well covered by EBIT (54897.3x coverage).