Phosphate Balance Sheet Health
Financial Health criteria checks 6/6
Phosphate has a total shareholder equity of ₹831.2M and total debt of ₹251.4M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are ₹1.6B and ₹736.6M respectively. Phosphate's EBIT is ₹158.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹76.4M.
Key information
30.2%
Debt to equity ratio
₹251.40m
Debt
Interest coverage ratio | 4.2x |
Cash | ₹76.40m |
Equity | ₹831.18m |
Total liabilities | ₹736.55m |
Total assets | ₹1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542123's short term assets (₹740.4M) exceed its short term liabilities (₹569.7M).
Long Term Liabilities: 542123's short term assets (₹740.4M) exceed its long term liabilities (₹166.8M).
Debt to Equity History and Analysis
Debt Level: 542123's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 542123's debt to equity ratio has reduced from 54.2% to 30.2% over the past 5 years.
Debt Coverage: 542123's debt is well covered by operating cash flow (47.8%).
Interest Coverage: 542123's interest payments on its debt are well covered by EBIT (4.2x coverage).