Cochin Minerals and Rutile Balance Sheet Health
Financial Health criteria checks 5/6
Cochin Minerals and Rutile has a total shareholder equity of ₹1.5B and total debt of ₹340.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ₹2.8B and ₹1.3B respectively. Cochin Minerals and Rutile's EBIT is ₹464.0M making its interest coverage ratio -56.9. It has cash and short-term investments of ₹753.6M.
Key information
23.3%
Debt to equity ratio
₹340.03m
Debt
| Interest coverage ratio | -56.9x |
| Cash | ₹753.57m |
| Equity | ₹1.46b |
| Total liabilities | ₹1.31b |
| Total assets | ₹2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513353's short term assets (₹2.3B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 513353's short term assets (₹2.3B) exceed its long term liabilities (₹68.1M).
Debt to Equity History and Analysis
Debt Level: 513353 has more cash than its total debt.
Reducing Debt: 513353's debt to equity ratio has reduced from 57.6% to 23.3% over the past 5 years.
Debt Coverage: 513353's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 513353 earns more interest than it pays, so coverage of interest payments is not a concern.