Organic Coatings Balance Sheet Health
Financial Health criteria checks 3/6
Organic Coatings has a total shareholder equity of ₹12.2M and total debt of ₹114.2M, which brings its debt-to-equity ratio to 938.6%. Its total assets and total liabilities are ₹192.6M and ₹180.4M respectively. Organic Coatings's EBIT is ₹7.8M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹2.3M.
Key information
938.6%
Debt to equity ratio
₹114.20m
Debt
Interest coverage ratio | 0.6x |
Cash | ₹2.30m |
Equity | ₹12.17m |
Total liabilities | ₹180.39m |
Total assets | ₹192.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531157's short term assets (₹97.7M) do not cover its short term liabilities (₹115.5M).
Long Term Liabilities: 531157's short term assets (₹97.7M) exceed its long term liabilities (₹64.9M).
Debt to Equity History and Analysis
Debt Level: 531157's net debt to equity ratio (919.8%) is considered high.
Reducing Debt: 531157's debt to equity ratio has increased from 104.5% to 938.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 531157 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 531157 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.1% per year.