Orissa Minerals Development Balance Sheet Health
Financial Health criteria checks 3/6
Orissa Minerals Development has a total shareholder equity of ₹-120.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.5B and ₹3.6B respectively. Orissa Minerals Development's EBIT is ₹307.4M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹287.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹287.73m |
| Equity | -₹120.26m |
| Total liabilities | ₹3.63b |
| Total assets | ₹3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590086 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 590086 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 590086 is debt free.
Reducing Debt: 590086's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 590086 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 590086 has no debt, therefore coverage of interest payments is not a concern.