Clara Industries Balance Sheet Health
Financial Health criteria checks 5/6
Clara Industries has a total shareholder equity of ₹416.7M and total debt of ₹15.8M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹457.9M and ₹41.2M respectively. Clara Industries's EBIT is ₹46.9M making its interest coverage ratio 33.9. It has cash and short-term investments of ₹11.7M.
Key information
3.8%
Debt to equity ratio
₹15.84m
Debt
| Interest coverage ratio | 33.9x |
| Cash | ₹11.75m |
| Equity | ₹416.71m |
| Total liabilities | ₹41.22m |
| Total assets | ₹457.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543435's short term assets (₹391.5M) exceed its short term liabilities (₹40.3M).
Long Term Liabilities: 543435's short term assets (₹391.5M) exceed its long term liabilities (₹960.0K).
Debt to Equity History and Analysis
Debt Level: 543435's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543435's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543435's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 543435's interest payments on its debt are well covered by EBIT (33.9x coverage).