Associated Coaters Balance Sheet Health
Financial Health criteria checks 5/6
Associated Coaters has a total shareholder equity of ₹61.1M and total debt of ₹990.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹88.9M and ₹27.7M respectively. Associated Coaters's EBIT is ₹14.3M making its interest coverage ratio 122.3. It has cash and short-term investments of ₹36.4M.
Key information
1.6%
Debt to equity ratio
₹990.00k
Debt
| Interest coverage ratio | 122.3x |
| Cash | ₹36.38m |
| Equity | ₹61.15m |
| Total liabilities | ₹27.74m |
| Total assets | ₹88.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544183's short term assets (₹80.0M) exceed its short term liabilities (₹26.5M).
Long Term Liabilities: 544183's short term assets (₹80.0M) exceed its long term liabilities (₹1.2M).
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 reduced from 5.8% to 1.6% over the past 5 years.
Debt Coverage: 544183's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544183's interest payments on its debt are well covered by EBIT (122.3x coverage).