Fine Organic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Fine Organic Industries has a total shareholder equity of ₹17.1B and total debt of ₹135.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹18.6B and ₹1.5B respectively. Fine Organic Industries's EBIT is ₹5.4B making its interest coverage ratio -51.1. It has cash and short-term investments of ₹7.6B.
Key information
0.8%
Debt to equity ratio
₹135.85m
Debt
Interest coverage ratio | -51.1x |
Cash | ₹7.60b |
Equity | ₹17.13b |
Total liabilities | ₹1.49b |
Total assets | ₹18.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541557's short term assets (₹14.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 541557's short term assets (₹14.6B) exceed its long term liabilities (₹28.8M).
Debt to Equity History and Analysis
Debt Level: 541557 has more cash than its total debt.
Reducing Debt: 541557's debt to equity ratio has reduced from 23.8% to 0.8% over the past 5 years.
Debt Coverage: 541557's debt is well covered by operating cash flow (5943.9%).
Interest Coverage: 541557 earns more interest than it pays, so coverage of interest payments is not a concern.