Swashthik Plascon Balance Sheet Health
Financial Health criteria checks 2/6
Swashthik Plascon has a total shareholder equity of ₹680.8M and total debt of ₹708.2M, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ₹1.7B and ₹973.3M respectively. Swashthik Plascon's EBIT is ₹55.6M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹2.5M.
Key information
104.0%
Debt to equity ratio
₹708.19m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹2.48m |
| Equity | ₹680.78m |
| Total liabilities | ₹973.25m |
| Total assets | ₹1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544035's short term assets (₹1.2B) exceed its short term liabilities (₹327.3M).
Long Term Liabilities: 544035's short term assets (₹1.2B) exceed its long term liabilities (₹646.0M).
Debt to Equity History and Analysis
Debt Level: 544035's net debt to equity ratio (103.7%) 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 (1.4x coverage).