Unjha Formulations Balance Sheet Health
Financial Health criteria checks 5/6
Unjha Formulations has a total shareholder equity of ₹25.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹48.6M and ₹23.4M respectively. Unjha Formulations's EBIT is ₹3.3M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹-265.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 8.5x |
Cash | -₹265.00k |
Equity | ₹25.18m |
Total liabilities | ₹23.43m |
Total assets | ₹48.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531762's short term assets (₹37.5M) exceed its short term liabilities (₹23.4M).
Long Term Liabilities: 531762's short term assets (₹37.5M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 531762 is debt free.
Reducing Debt: 531762 had no debt 5 years ago.
Debt Coverage: 531762 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531762 has no debt, therefore coverage of interest payments is not a concern.