Creative Castings Balance Sheet Health
Financial Health criteria checks 5/6
Creative Castings has a total shareholder equity of ₹355.7M and total debt of ₹2.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹453.9M and ₹98.1M respectively. Creative Castings's EBIT is ₹56.0M making its interest coverage ratio -2073.9. It has cash and short-term investments of ₹101.6M.
Key information
0.7%
Debt to equity ratio
₹2.33m
Debt
Interest coverage ratio | -2073.9x |
Cash | ₹101.60m |
Equity | ₹355.75m |
Total liabilities | ₹98.12m |
Total assets | ₹453.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539527's short term assets (₹334.2M) exceed its short term liabilities (₹90.2M).
Long Term Liabilities: 539527's short term assets (₹334.2M) exceed its long term liabilities (₹7.9M).
Debt to Equity History and Analysis
Debt Level: 539527 has more cash than its total debt.
Reducing Debt: 539527's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 539527's debt is well covered by operating cash flow (1520.1%).
Interest Coverage: 539527 earns more interest than it pays, so coverage of interest payments is not a concern.