Chothani Foods Balance Sheet Health
Financial Health criteria checks 4/6
Chothani Foods has a total shareholder equity of ₹88.5M and total debt of ₹9.7M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹148.7M and ₹60.2M respectively. Chothani Foods's EBIT is ₹4.4M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹4.8M.
Key information
11.0%
Debt to equity ratio
₹9.70m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹4.78m |
Equity | ₹88.50m |
Total liabilities | ₹60.21m |
Total assets | ₹148.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540681's short term assets (₹138.8M) exceed its short term liabilities (₹55.0M).
Long Term Liabilities: 540681's short term assets (₹138.8M) exceed its long term liabilities (₹5.2M).
Debt to Equity History and Analysis
Debt Level: 540681's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 540681's debt to equity ratio has reduced from 12.2% to 11% over the past 5 years.
Debt Coverage: 540681's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540681's interest payments on its debt are not well covered by EBIT (2.8x coverage).