Yash Optics & Lens Balance Sheet Health
Financial Health criteria checks 4/6
Yash Optics & Lens has a total shareholder equity of ₹298.4M and total debt of ₹252.6M, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are ₹605.7M and ₹307.4M respectively. Yash Optics & Lens's EBIT is ₹138.2M making its interest coverage ratio 8.1. It has cash and short-term investments of ₹8.5M.
Key information
84.7%
Debt to equity ratio
₹252.60m
Debt
Interest coverage ratio | 8.1x |
Cash | ₹8.53m |
Equity | ₹298.35m |
Total liabilities | ₹307.36m |
Total assets | ₹605.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YASHOPTICS's short term assets (₹331.8M) exceed its short term liabilities (₹133.3M).
Long Term Liabilities: YASHOPTICS's short term assets (₹331.8M) exceed its long term liabilities (₹174.0M).
Debt to Equity History and Analysis
Debt Level: YASHOPTICS's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: Insufficient data to determine if YASHOPTICS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: YASHOPTICS's debt is well covered by operating cash flow (21.2%).
Interest Coverage: YASHOPTICS's interest payments on its debt are well covered by EBIT (8.1x coverage).