Fine Organic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Fine Organic Industries has a total shareholder equity of ₹17.1B and total debt of ₹135.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹18.6B and ₹1.5B respectively. Fine Organic Industries's EBIT is ₹5.4B making its interest coverage ratio -51.1. It has cash and short-term investments of ₹7.6B.
Key information
0.8%
Debt to equity ratio
₹135.85m
Debt
| Interest coverage ratio | -51.1x |
| Cash | ₹7.60b |
| Equity | ₹17.13b |
| Total liabilities | ₹1.49b |
| Total assets | ₹18.63b |
Recent financial health updates
Fine Organic Industries (NSE:FINEORG) Seems To Use Debt Quite Sensibly
Feb 04
Does Fine Organic Industries (NSE:FINEORG) Have A Healthy Balance Sheet?
Jul 23Here's Why Fine Organic Industries (NSE:FINEORG) Can Manage Its Debt Responsibly
Jan 10Here's Why Fine Organic Industries (NSE:FINEORG) Can Manage Its Debt Responsibly
May 29Does Fine Organic Industries (NSE:FINEORG) Have A Healthy Balance Sheet?
Dec 01
Recent updates
What Fine Organic Industries Limited's (NSE:FINEORG) P/E Is Not Telling You
Apr 25Here's What Fine Organic Industries' (NSE:FINEORG) Strong Returns On Capital Mean
Jan 17Subdued Growth No Barrier To Fine Organic Industries Limited's (NSE:FINEORG) Price
Dec 27Fine Organic Industries (NSE:FINEORG) Might Become A Compounding Machine
Sep 29Fine Organic Industries (NSE:FINEORG) Will Pay A Dividend Of ₹9.00
Aug 06The Fine Organic Industries Limited (NSE:FINEORG) Analysts Have Been Trimming Their Sales Forecasts
Jul 31Fine Organic Industries' (NSE:FINEORG) Dividend Will Be ₹9.00
Jul 23Does Fine Organic Industries (NSE:FINEORG) Deserve A Spot On Your Watchlist?
Jul 11Fine Organic Industries' (NSE:FINEORG) Dividend Will Be ₹9.00
May 30If EPS Growth Is Important To You, Fine Organic Industries (NSE:FINEORG) Presents An Opportunity
Feb 22Fine Organic Industries (NSE:FINEORG) Seems To Use Debt Quite Sensibly
Feb 04Does Fine Organic Industries (NSE:FINEORG) Deserve A Spot On Your Watchlist?
Oct 29We Think Fine Organic Industries (NSE:FINEORG) Might Have The DNA Of A Multi-Bagger
Oct 11Rainbows and Unicorns: Fine Organic Industries Limited (NSE:FINEORG) Analysts Just Became A Lot More Optimistic
Aug 18Does Fine Organic Industries (NSE:FINEORG) Have A Healthy Balance Sheet?
Jul 23Capital Investments At Fine Organic Industries (NSE:FINEORG) Point To A Promising Future
Jun 21I Ran A Stock Scan For Earnings Growth And Fine Organic Industries (NSE:FINEORG) Passed With Ease
Jun 04Here's What's Concerning About Fine Organic Industries' (NSE:FINEORG) Returns On Capital
Feb 26Here's Why Fine Organic Industries (NSE:FINEORG) Can Manage Its Debt Responsibly
Jan 10The Returns On Capital At Fine Organic Industries (NSE:FINEORG) Don't Inspire Confidence
Nov 13Fine Organic Industries' (NSE:FINEORG) Returns On Capital Not Reflecting Well On The Business
Jul 19Here's Why Fine Organic Industries (NSE:FINEORG) Can Manage Its Debt Responsibly
May 29Some Investors May Be Worried About Fine Organic Industries' (NSE:FINEORG) Returns On Capital
Apr 12Update: Fine Organic Industries (NSE:FINEORG) Stock Gained 26% In The Last Year
Dec 22Does Fine Organic Industries (NSE:FINEORG) Have A Healthy Balance Sheet?
Dec 01Financial Position Analysis
Short Term Liabilities: FINEORG's short term assets (₹14.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: FINEORG's short term assets (₹14.6B) exceed its long term liabilities (₹28.8M).
Debt to Equity History and Analysis
Debt Level: FINEORG has more cash than its total debt.
Reducing Debt: FINEORG's debt to equity ratio has reduced from 23.8% to 0.8% over the past 5 years.
Debt Coverage: FINEORG's debt is well covered by operating cash flow (5943.9%).
Interest Coverage: FINEORG earns more interest than it pays, so coverage of interest payments is not a concern.