Yash Optics & Lens Balance Sheet Health
Financial Health criteria checks 4/6
Yash Optics & Lens has a total shareholder equity of ₹853.4M and total debt of ₹164.1M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹1.1B and ₹227.8M respectively. Yash Optics & Lens's EBIT is ₹141.2M making its interest coverage ratio 9.7. It has cash and short-term investments of ₹386.6M.
Key information
19.2%
Debt to equity ratio
₹164.10m
Debt
| Interest coverage ratio | 9.7x |
| Cash | ₹386.62m |
| Equity | ₹853.38m |
| Total liabilities | ₹227.81m |
| Total assets | ₹1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YASHOPTICS's short term assets (₹771.5M) exceed its short term liabilities (₹55.3M).
Long Term Liabilities: YASHOPTICS's short term assets (₹771.5M) exceed its long term liabilities (₹172.5M).
Debt to Equity History and Analysis
Debt Level: YASHOPTICS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if YASHOPTICS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: YASHOPTICS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YASHOPTICS's interest payments on its debt are well covered by EBIT (9.7x coverage).