Creative Castings Balance Sheet Health
Financial Health criteria checks 5/6
Creative Castings has a total shareholder equity of ₹398.8M and total debt of ₹195.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹461.4M and ₹62.6M respectively. Creative Castings's EBIT is ₹60.3M making its interest coverage ratio -692.7. It has cash and short-term investments of ₹141.4M.
Key information
0.05%
Debt to equity ratio
₹195.00k
Debt
| Interest coverage ratio | -692.7x |
| Cash | ₹141.42m |
| Equity | ₹398.81m |
| Total liabilities | ₹62.60m |
| Total assets | ₹461.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539527's short term assets (₹355.2M) exceed its short term liabilities (₹53.1M).
Long Term Liabilities: 539527's short term assets (₹355.2M) exceed its long term liabilities (₹9.5M).
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 0.05% over the past 5 years.
Debt Coverage: 539527's debt is well covered by operating cash flow (29032.3%).
Interest Coverage: 539527 earns more interest than it pays, so coverage of interest payments is not a concern.