Coral Newsprints Balance Sheet Health
Financial Health criteria checks 0/6
Coral Newsprints has a total shareholder equity of ₹-75.0M and total debt of ₹21.8M, which brings its debt-to-equity ratio to -29.1%. Its total assets and total liabilities are ₹56.5M and ₹131.5M respectively.
Key information
-29.1%
Debt to equity ratio
₹21.81m
Debt
Interest coverage ratio | n/a |
Cash | ₹14.94m |
Equity | -₹74.97m |
Total liabilities | ₹131.46m |
Total assets | ₹56.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530755 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 530755 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530755 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 530755's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 530755's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530755's interest payments on its debt are well covered by EBIT.