Swashthik Plascon Balance Sheet Health
Financial Health criteria checks 3/6
Swashthik Plascon has a total shareholder equity of ₹204.0M and total debt of ₹588.0M, which brings its debt-to-equity ratio to 288.2%. Its total assets and total liabilities are ₹1.1B and ₹903.6M respectively. Swashthik Plascon's EBIT is ₹50.0M making its interest coverage ratio 4.7. It has cash and short-term investments of ₹1.4M.
Key information
288.2%
Debt to equity ratio
₹587.95m
Debt
Interest coverage ratio | 4.7x |
Cash | ₹1.42m |
Equity | ₹204.01m |
Total liabilities | ₹903.61m |
Total assets | ₹1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544035's short term assets (₹788.1M) exceed its short term liabilities (₹599.9M).
Long Term Liabilities: 544035's short term assets (₹788.1M) exceed its long term liabilities (₹303.7M).
Debt to Equity History and Analysis
Debt Level: 544035's net debt to equity ratio (287.5%) 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 debt is not well covered by operating cash flow (6.3%).
Interest Coverage: 544035's interest payments on its debt are well covered by EBIT (4.7x coverage).