Swashthik Plascon Balance Sheet Health
Financial Health criteria checks 2/6
Swashthik Plascon has a total shareholder equity of ₹640.1M and total debt of ₹536.7M, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are ₹1.5B and ₹852.9M respectively. Swashthik Plascon's EBIT is ₹61.3M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹915.0K.
Key information
83.8%
Debt to equity ratio
₹536.65m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹915.00k |
| Equity | ₹640.13m |
| Total liabilities | ₹852.87m |
| Total assets | ₹1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544035's short term assets (₹1.0B) exceed its short term liabilities (₹318.0M).
Long Term Liabilities: 544035's short term assets (₹1.0B) exceed its long term liabilities (₹534.9M).
Debt to Equity History and Analysis
Debt Level: 544035's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: Insufficient data to determine if 544035's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544035's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544035's interest payments on its debt are not well covered by EBIT (1.7x coverage).