Orient Ceratech Balance Sheet Health
Financial Health criteria checks 6/6
Orient Ceratech has a total shareholder equity of ₹2.7B and total debt of ₹265.7M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹3.9B and ₹1.3B respectively. Orient Ceratech's EBIT is ₹249.6M making its interest coverage ratio 13.9. It has cash and short-term investments of ₹102.9M.
Key information
10.0%
Debt to equity ratio
₹265.73m
Debt
| Interest coverage ratio | 13.9x |
| Cash | ₹102.93m |
| Equity | ₹2.67b |
| Total liabilities | ₹1.27b |
| Total assets | ₹3.94b |
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 (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 25Returns On Capital At Orient Abrasives (NSE:ORIENTABRA) Paint An Interesting Picture
Aug 03Investors Aren't Entirely Convinced About Orient Abrasives Limited's (NSE:ORIENTABRA) Earnings
Jul 16Orient Abrasives Limited (NSE:ORIENTABRA) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jul 09Financial Position Analysis
Short Term Liabilities: ORIENTCER's short term assets (₹2.2B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: ORIENTCER's short term assets (₹2.2B) exceed its long term liabilities (₹178.4M).
Debt to Equity History and Analysis
Debt Level: ORIENTCER's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: ORIENTCER's debt to equity ratio has reduced from 33.9% to 10% over the past 5 years.
Debt Coverage: ORIENTCER's debt is well covered by operating cash flow (174.6%).
Interest Coverage: ORIENTCER's interest payments on its debt are well covered by EBIT (13.9x coverage).