Ortin Laboratories Balance Sheet Health
Financial Health criteria checks 3/6
Ortin Laboratories has a total shareholder equity of ₹97.6M and total debt of ₹60.1M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₹182.3M and ₹84.7M respectively.
Key information
61.6%
Debt to equity ratio
₹60.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.17m |
| Equity | ₹97.61m |
| Total liabilities | ₹84.68m |
| Total assets | ₹182.28m |
Recent financial health updates
Is Ortin Laboratories (NSE:ORTINLABSS) A Risky Investment?
Dec 27
Here's Why Ortin Laboratories (NSE:ORTINLABSS) Is Weighed Down By Its Debt Load
Sep 15Recent updates
Here's Why I Think Ortin Laboratories (NSE:ORTINLABSS) Might Deserve Your Attention Today
Jan 24
Is Ortin Laboratories (NSE:ORTINLABSS) A Risky Investment?
Dec 27Ortin Laboratories Limited (NSE:ORTINLABSS) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Nov 30Here's Why Ortin Laboratories (NSE:ORTINLABSS) Is Weighed Down By Its Debt Load
Sep 15Financial Position Analysis
Short Term Liabilities: ORTINLAB's short term assets (₹37.2M) do not cover its short term liabilities (₹55.5M).
Long Term Liabilities: ORTINLAB's short term assets (₹37.2M) exceed its long term liabilities (₹29.1M).
Debt to Equity History and Analysis
Debt Level: ORTINLAB's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: ORTINLAB's debt to equity ratio has reduced from 84.3% to 61.6% over the past 5 years.
Debt Coverage: ORTINLAB's debt is well covered by operating cash flow (23.3%).
Interest Coverage: Insufficient data to determine if ORTINLAB's interest payments on its debt are well covered by EBIT.