Associated Coaters Balance Sheet Health
Financial Health criteria checks 4/6
Associated Coaters has a total shareholder equity of ₹7.0M and total debt of ₹990.0K, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹29.6M and ₹22.6M respectively. Associated Coaters's EBIT is ₹7.4M making its interest coverage ratio 136.9. It has cash and short-term investments of ₹6.7M.
Key information
14.1%
Debt to equity ratio
₹990.00k
Debt
Interest coverage ratio | 136.9x |
Cash | ₹6.69m |
Equity | ₹7.03m |
Total liabilities | ₹22.58m |
Total assets | ₹29.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544183's short term assets (₹24.8M) exceed its short term liabilities (₹21.5M).
Long Term Liabilities: 544183's short term assets (₹24.8M) exceed its long term liabilities (₹1.1M).
Debt to Equity History and Analysis
Debt Level: 544183 has more cash than its total debt.
Reducing Debt: 544183's debt to equity ratio has increased from 0% to 14.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if 544183's debt is well covered by operating cash flow.
Interest Coverage: 544183's interest payments on its debt are well covered by EBIT (136.9x coverage).