Clara Industries Balance Sheet Health
Financial Health criteria checks 4/6
Clara Industries has a total shareholder equity of ₹411.6M and total debt of ₹16.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹458.0M and ₹46.4M respectively. Clara Industries's EBIT is ₹61.7M making its interest coverage ratio 77.5. It has cash and short-term investments of ₹23.0M.
Key information
3.9%
Debt to equity ratio
₹16.04m
Debt
| Interest coverage ratio | 77.5x |
| Cash | ₹22.99m |
| Equity | ₹411.59m |
| Total liabilities | ₹46.40m |
| Total assets | ₹457.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543435's short term assets (₹389.3M) exceed its short term liabilities (₹45.4M).
Long Term Liabilities: 543435's short term assets (₹389.3M) exceed its long term liabilities (₹958.0K).
Debt to Equity History and Analysis
Debt Level: 543435 has more cash than its total debt.
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 (77.5x coverage).