Cool Caps Industries Balance Sheet Health
Financial Health criteria checks 2/6
Cool Caps Industries has a total shareholder equity of ₹425.5M and total debt of ₹895.3M, which brings its debt-to-equity ratio to 210.4%. Its total assets and total liabilities are ₹1.6B and ₹1.2B respectively. Cool Caps Industries's EBIT is ₹132.5M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹14.0M.
Key information
210.4%
Debt to equity ratio
₹895.29m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹13.97m |
| Equity | ₹425.47m |
| Total liabilities | ₹1.18b |
| Total assets | ₹1.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COOLCAPS's short term assets (₹721.4M) exceed its short term liabilities (₹673.7M).
Long Term Liabilities: COOLCAPS's short term assets (₹721.4M) exceed its long term liabilities (₹503.2M).
Debt to Equity History and Analysis
Debt Level: COOLCAPS's net debt to equity ratio (207.1%) is considered high.
Reducing Debt: Insufficient data to determine if COOLCAPS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COOLCAPS's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: COOLCAPS's interest payments on its debt are not well covered by EBIT (2.4x coverage).