Fermenta Biotech Balance Sheet Health
Financial Health criteria checks 5/6
Fermenta Biotech has a total shareholder equity of ₹2.9B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are ₹5.4B and ₹2.5B respectively. Fermenta Biotech's EBIT is ₹252.9M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹368.5M.
Key information
41.5%
Debt to equity ratio
₹1.19b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹368.53m |
| Equity | ₹2.86b |
| Total liabilities | ₹2.53b |
| Total assets | ₹5.39b |
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 (₹1.8B).
Long Term Liabilities: 506414's short term assets (₹2.4B) exceed its long term liabilities (₹693.1M).
Debt to Equity History and Analysis
Debt Level: 506414's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 506414's debt to equity ratio has reduced from 69.8% to 41.5% over the past 5 years.
Debt Coverage: 506414's debt is well covered by operating cash flow (32.4%).
Interest Coverage: 506414's interest payments on its debt are not well covered by EBIT (2.3x coverage).