Owais Metal and Mineral Processing Balance Sheet Health
Financial Health criteria checks 4/6
Owais Metal and Mineral Processing has a total shareholder equity of ₹683.3M and total debt of ₹135.1M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are ₹908.2M and ₹225.0M respectively. Owais Metal and Mineral Processing's EBIT is ₹219.3M making its interest coverage ratio 13.3. It has cash and short-term investments of ₹173.9M.
Key information
19.8%
Debt to equity ratio
₹135.14m
Debt
| Interest coverage ratio | 13.3x |
| Cash | ₹173.91m |
| Equity | ₹683.25m |
| Total liabilities | ₹224.96m |
| Total assets | ₹908.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OWAIS's short term assets (₹572.1M) exceed its short term liabilities (₹163.1M).
Long Term Liabilities: OWAIS's short term assets (₹572.1M) exceed its long term liabilities (₹61.9M).
Debt to Equity History and Analysis
Debt Level: OWAIS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if OWAIS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OWAIS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OWAIS's interest payments on its debt are well covered by EBIT (13.3x coverage).