Coastal Corporation Limited

NSEI:COASTCORP Stock Report

Market Cap: ₹3.3b

Coastal Balance Sheet Health

Financial Health criteria checks 2/6

Coastal has a total shareholder equity of ₹2.6B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are ₹6.3B and ₹3.7B respectively. Coastal's EBIT is ₹158.4M making its interest coverage ratio 1. It has cash and short-term investments of ₹433.8M.

Key information

128.3%

Debt to equity ratio

₹3.33b

Debt

Interest coverage ratio1x
Cash₹433.77m
Equity₹2.59b
Total liabilities₹3.71b
Total assets₹6.30b

Recent financial health updates

Here's Why Coastal (NSE:COASTCORP) Has A Meaningful Debt Burden

Mar 18
Here's Why Coastal (NSE:COASTCORP) Has A Meaningful Debt Burden

Recent updates

Coastal's (NSE:COASTCORP) Dividend Is Being Reduced To ₹1.20

Sep 18
Coastal's (NSE:COASTCORP) Dividend Is Being Reduced To ₹1.20

Coastal's (NSE:COASTCORP) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 17
Coastal's (NSE:COASTCORP) Shareholders Will Receive A Smaller Dividend Than Last Year

What Coastal Corporation Limited's (NSE:COASTCORP) 35% Share Price Gain Is Not Telling You

Aug 02
What Coastal Corporation Limited's (NSE:COASTCORP) 35% Share Price Gain Is Not Telling You

Here's Why Coastal (NSE:COASTCORP) Has A Meaningful Debt Burden

Mar 18
Here's Why Coastal (NSE:COASTCORP) Has A Meaningful Debt Burden

Subdued Growth No Barrier To Coastal Corporation Limited (NSE:COASTCORP) With Shares Advancing 28%

Jan 05
Subdued Growth No Barrier To Coastal Corporation Limited (NSE:COASTCORP) With Shares Advancing 28%

Returns On Capital At Coastal (NSE:COASTCORP) Paint A Concerning Picture

May 31
Returns On Capital At Coastal (NSE:COASTCORP) Paint A Concerning Picture

Some Investors May Be Worried About Coastal's (NSE:COASTCORP) Returns On Capital

Dec 26
Some Investors May Be Worried About Coastal's (NSE:COASTCORP) Returns On Capital

We Believe That Coastal's (NSE:COASTCORP) Weak Earnings Are A Good Indicator Of Underlying Profitability

Nov 19
We Believe That Coastal's (NSE:COASTCORP) Weak Earnings Are A Good Indicator Of Underlying Profitability

The Market Doesn't Like What It Sees From Coastal Corporation Limited's (NSE:COASTCORP) Earnings Yet

Nov 05
The Market Doesn't Like What It Sees From Coastal Corporation Limited's (NSE:COASTCORP) Earnings Yet

Financial Position Analysis

Short Term Liabilities: COASTCORP's short term assets (₹3.1B) exceed its short term liabilities (₹2.4B).

Long Term Liabilities: COASTCORP's short term assets (₹3.1B) exceed its long term liabilities (₹1.3B).

Debt to Equity History and Analysis

Debt Level: COASTCORP's net debt to equity ratio (111.6%) is considered high.

Reducing Debt: COASTCORP's debt to equity ratio has increased from 90.4% to 128.3% over the past 5 years.

Debt Coverage: COASTCORP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: COASTCORP's interest payments on its debt are not well covered by EBIT (1x coverage).

Balance Sheet

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