Concord Biotech Balance Sheet Health
Financial Health criteria checks 5/6
Concord Biotech has a total shareholder equity of ₹15.3B and total debt of ₹62.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹17.0B and ₹1.7B respectively. Concord Biotech's EBIT is ₹3.9B making its interest coverage ratio -790.6. It has cash and short-term investments of ₹2.8B.
Key information
0.4%
Debt to equity ratio
₹62.30m
Debt
Interest coverage ratio | -790.6x |
Cash | ₹2.82b |
Equity | ₹15.27b |
Total liabilities | ₹1.74b |
Total assets | ₹17.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543960's short term assets (₹9.0B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 543960's short term assets (₹9.0B) exceed its long term liabilities (₹319.1M).
Debt to Equity History and Analysis
Debt Level: 543960 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543960's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543960's debt is well covered by operating cash flow (4261.2%).
Interest Coverage: 543960 earns more interest than it pays, so coverage of interest payments is not a concern.