Continental Seeds and Chemicals Balance Sheet Health
Financial Health criteria checks 1/6
Continental Seeds and Chemicals has a total shareholder equity of ₹124.3M and total debt of ₹51.5M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are ₹327.8M and ₹203.5M respectively. Continental Seeds and Chemicals's EBIT is ₹5.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹621.0K.
Key information
41.4%
Debt to equity ratio
₹51.47m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹621.00k |
Equity | ₹124.31m |
Total liabilities | ₹203.49m |
Total assets | ₹327.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CONTI's short term assets (₹133.7M) do not cover its short term liabilities (₹161.0M).
Long Term Liabilities: CONTI's short term assets (₹133.7M) exceed its long term liabilities (₹42.5M).
Debt to Equity History and Analysis
Debt Level: CONTI's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: CONTI's debt to equity ratio has increased from 34.4% to 41.4% over the past 5 years.
Debt Coverage: CONTI's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: CONTI's interest payments on its debt are not well covered by EBIT (1.1x coverage).