Orient Ceratech Balance Sheet Health
Financial Health criteria checks 5/6
Orient Ceratech has a total shareholder equity of ₹2.8B and total debt of ₹543.8M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹4.0B and ₹1.2B respectively. Orient Ceratech's EBIT is ₹176.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹32.2M.
Key information
19.6%
Debt to equity ratio
₹543.83m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹32.25m |
| Equity | ₹2.77b |
| Total liabilities | ₹1.20b |
| Total assets | ₹3.97b |
Recent financial health updates
Orient Abrasives (NSE:ORIENTABRA) Seems To Use Debt Quite Sensibly
Aug 25
Is Orient Abrasives (NSE:ORIENTABRA) A Risky Investment?
Dec 03Does Orient Abrasives (NSE:ORIENTABRA) Have A Healthy Balance Sheet?
Jun 07Orient Abrasives (NSE:ORIENTABRA) Seems To Use Debt Quite Sensibly
Jan 05Is Orient Abrasives (NSE:ORIENTABRA) A Risky Investment?
Aug 25
Recent updates
Orient Ceratech's (NSE:ORIENTCER) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 23Orient Ceratech (NSE:ORIENTCER) Has Affirmed Its Dividend Of ₹0.25
Sep 09Subdued Growth No Barrier To Orient Ceratech Limited (NSE:ORIENTCER) With Shares Advancing 31%
Jul 05We Ran A Stock Scan For Earnings Growth And Orient Ceratech (NSE:ORIENTCER) Passed With Ease
Jun 11Additional Considerations Required While Assessing Orient Ceratech's (NSE:ORIENTCER) Strong Earnings
May 24Orient Ceratech (NSE:ORIENTCER) Is Reinvesting At Lower Rates Of Return
Mar 18Subdued Growth No Barrier To Orient Ceratech Limited (NSE:ORIENTCER) With Shares Advancing 27%
Feb 27We Ran A Stock Scan For Earnings Growth And Orient Ceratech (NSE:ORIENTCER) Passed With Ease
Feb 08A Look At The Intrinsic Value Of Orient Ceratech Limited (NSE:ORIENTCER)
Nov 08Orient Ceratech (NSE:ORIENTCER) Could Be Struggling To Allocate Capital
Oct 13Orient Ceratech (NSE:ORIENTCER) Has Announced That It Will Be Increasing Its Dividend To ₹0.25
Sep 04A Look At The Fair Value Of Orient Abrasives Limited (NSE:ORIENTABRA)
Jul 07Shareholders Will Probably Not Have Any Issues With Orient Abrasives Limited's (NSE:ORIENTABRA) CEO Compensation
Sep 20Orient Abrasives (NSE:ORIENTABRA) Has Announced A Dividend Of ₹0.15
Sep 08Orient Abrasives (NSE:ORIENTABRA) Seems To Use Debt Quite Sensibly
Aug 25Orient Abrasives (NSE:ORIENTABRA) Is Reinvesting At Lower Rates Of Return
Feb 04Is Orient Abrasives (NSE:ORIENTABRA) A Risky Investment?
Dec 03Does Orient Abrasives (NSE:ORIENTABRA) Have A Healthy Balance Sheet?
Jun 07Returns On Capital Signal Tricky Times Ahead For Orient Abrasives (NSE:ORIENTABRA)
May 09Is Orient Abrasives Limited (NSE:ORIENTABRA) A Smart Pick For Income Investors?
Mar 18Orient Abrasives Limited's (NSE:ORIENTABRA) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 25The Trends At Orient Abrasives (NSE:ORIENTABRA) That You Should Know About
Feb 07How Much Does Orient Abrasives' (NSE:ORIENTABRA) CEO Make?
Jan 20Orient Abrasives (NSE:ORIENTABRA) Seems To Use Debt Quite Sensibly
Jan 05Are Orient Abrasives's (NSE:ORIENTABRA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 21There's A Lot To Like About Orient Abrasives' (NSE:ORIENTABRA) Upcoming ₹0.15 Dividend
Nov 20The Returns At Orient Abrasives (NSE:ORIENTABRA) Provide Us With Signs Of What's To Come
Nov 09Orient Abrasives Limited (NSE:ORIENTABRA) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Oct 11Have Insiders Been Buying Orient Abrasives Limited (NSE:ORIENTABRA) Shares?
Sep 15Potential Upside For Orient Abrasives Limited (NSE:ORIENTABRA) Not Without Risk
Aug 27Is Orient Abrasives (NSE:ORIENTABRA) A Risky Investment?
Aug 25Financial Position Analysis
Short Term Liabilities: ORIENTCER's short term assets (₹2.2B) exceed its short term liabilities (₹830.7M).
Long Term Liabilities: ORIENTCER's short term assets (₹2.2B) exceed its long term liabilities (₹369.7M).
Debt to Equity History and Analysis
Debt Level: ORIENTCER's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: ORIENTCER's debt to equity ratio has reduced from 34.6% to 19.6% over the past 5 years.
Debt Coverage: ORIENTCER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ORIENTCER's interest payments on its debt are well covered by EBIT (4.2x coverage).