Clara Industries Balance Sheet Health
Financial Health criteria checks 4/6
Clara Industries has a total shareholder equity of ₹387.6M and total debt of ₹6.2M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹423.1M and ₹35.5M respectively. Clara Industries's EBIT is ₹52.7M making its interest coverage ratio 86.9. It has cash and short-term investments of ₹1.8M.
Key information
1.6%
Debt to equity ratio
₹6.16m
Debt
Interest coverage ratio | 86.9x |
Cash | ₹1.83m |
Equity | ₹387.63m |
Total liabilities | ₹35.47m |
Total assets | ₹423.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543435's short term assets (₹368.8M) exceed its short term liabilities (₹34.4M).
Long Term Liabilities: 543435's short term assets (₹368.8M) exceed its long term liabilities (₹1.1M).
Debt to Equity History and Analysis
Debt Level: 543435's net debt to equity ratio (1.1%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543435's interest payments on its debt are well covered by EBIT (86.9x coverage).