Coastal Balance Sheet Health
Financial Health criteria checks 3/6
Coastal has a total shareholder equity of ₹2.4B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₹4.4B and ₹2.0B respectively. Coastal's EBIT is ₹94.0M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹349.2M.
Key information
72.5%
Debt to equity ratio
₹1.77b
Debt
Interest coverage ratio | 0.7x |
Cash | ₹349.23m |
Equity | ₹2.45b |
Total liabilities | ₹1.99b |
Total assets | ₹4.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COASTPP1's short term assets (₹2.1B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: COASTPP1's short term assets (₹2.1B) exceed its long term liabilities (₹343.2M).
Debt to Equity History and Analysis
Debt Level: COASTPP1's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: COASTPP1's debt to equity ratio has reduced from 119.8% to 72.5% over the past 5 years.
Debt Coverage: COASTPP1's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: COASTPP1's interest payments on its debt are not well covered by EBIT (0.7x coverage).