Commercial Syn Bags Financial Health
How is Commercial Syn Bags's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 539986's short term assets (₹1.2B) exceed its short term liabilities (₹944.1M).
Long Term Liabilities: 539986's short term assets (₹1.2B) exceed its long term liabilities (₹423.8M).
Debt to Equity History and Analysis
Debt Level: 539986's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: 539986's debt to equity ratio has increased from 62.7% to 86.3% over the past 5 years.
Debt Coverage: 539986's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 539986's interest payments on its debt are well covered by EBIT (4.6x coverage).