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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clara Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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