Ceeta Industries Balance Sheet Health
Financial Health criteria checks 2/6
Ceeta Industries has a total shareholder equity of ₹243.4M and total debt of ₹127.9M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are ₹386.6M and ₹143.1M respectively.
Key information
52.5%
Debt to equity ratio
₹127.92m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.46m |
Equity | ₹243.45m |
Total liabilities | ₹143.13m |
Total assets | ₹386.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514171's short term assets (₹94.7M) exceed its short term liabilities (₹68.0M).
Long Term Liabilities: 514171's short term assets (₹94.7M) exceed its long term liabilities (₹75.1M).
Debt to Equity History and Analysis
Debt Level: 514171's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: 514171's debt to equity ratio has increased from 3.2% to 52.5% over the past 5 years.
Debt Coverage: 514171's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 514171's interest payments on its debt are well covered by EBIT.