Quality Foils (India) Balance Sheet Health
Financial Health criteria checks 3/6
Quality Foils (India) has a total shareholder equity of ₹280.6M and total debt of ₹318.6M, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are ₹680.5M and ₹399.9M respectively. Quality Foils (India)'s EBIT is ₹39.0M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹15.8M.
Key information
113.6%
Debt to equity ratio
₹318.63m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹15.83m |
Equity | ₹280.57m |
Total liabilities | ₹399.91m |
Total assets | ₹680.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QFIL's short term assets (₹462.2M) exceed its short term liabilities (₹248.8M).
Long Term Liabilities: QFIL's short term assets (₹462.2M) exceed its long term liabilities (₹151.1M).
Debt to Equity History and Analysis
Debt Level: QFIL's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: Insufficient data to determine if QFIL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QFIL's debt is well covered by operating cash flow (28.7%).
Interest Coverage: QFIL's interest payments on its debt are not well covered by EBIT (1.6x coverage).