Cool Caps Industries Balance Sheet Health
Financial Health criteria checks 1/6
Cool Caps Industries has a total shareholder equity of ₹428.5M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 260.7%. Its total assets and total liabilities are ₹1.9B and ₹1.4B respectively. Cool Caps Industries's EBIT is ₹118.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹10.4M.
Key information
260.7%
Debt to equity ratio
₹1.12b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹10.42m |
| Equity | ₹428.50m |
| Total liabilities | ₹1.43b |
| Total assets | ₹1.86b |
Recent financial health updates
Recent updates
Cool Caps Industries Limited (NSE:COOLCAPS) Stocks Shoot Up 35% But Its P/S Still Looks Reasonable
Sep 18
Is Cool Caps Industries (NSE:COOLCAPS) A Risky Investment?
Aug 27With A 25% Price Drop For Cool Caps Industries Limited (NSE:COOLCAPS) You'll Still Get What You Pay For
Jun 11Cool Caps Industries (NSE:COOLCAPS) Could Be Struggling To Allocate Capital
May 30Cool Caps Industries (NSE:COOLCAPS) Ticks All The Boxes When It Comes To Earnings Growth
Aug 22Subdued Growth No Barrier To Cool Caps Industries Limited (NSE:COOLCAPS) With Shares Advancing 28%
Jun 26Financial Position Analysis
Short Term Liabilities: COOLCAPS's short term assets (₹698.7M) exceed its short term liabilities (₹669.5M).
Long Term Liabilities: COOLCAPS's short term assets (₹698.7M) do not cover its long term liabilities (₹757.8M).
Debt to Equity History and Analysis
Debt Level: COOLCAPS's net debt to equity ratio (258.2%) is considered high.
Reducing Debt: COOLCAPS's debt to equity ratio has increased from 232.6% to 260.7% over the past 5 years.
Debt Coverage: COOLCAPS's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: COOLCAPS's interest payments on its debt are not well covered by EBIT (1.9x coverage).