Fermenta Biotech Balance Sheet Health
Financial Health criteria checks 4/6
Fermenta Biotech has a total shareholder equity of ₹2.8B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are ₹5.9B and ₹3.1B respectively. Fermenta Biotech's EBIT is ₹176.3M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹550.4M.
Key information
60.6%
Debt to equity ratio
₹1.72b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹550.42m |
Equity | ₹2.83b |
Total liabilities | ₹3.12b |
Total assets | ₹5.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506414's short term assets (₹2.4B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 506414's short term assets (₹2.4B) exceed its long term liabilities (₹872.3M).
Debt to Equity History and Analysis
Debt Level: 506414's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: 506414's debt to equity ratio has reduced from 101.7% to 60.6% over the past 5 years.
Debt Coverage: 506414's debt is well covered by operating cash flow (76.2%).
Interest Coverage: 506414's interest payments on its debt are not well covered by EBIT (1.1x coverage).