Swadeshi Polytex Balance Sheet Health
Financial Health criteria checks 6/6
Swadeshi Polytex has a total shareholder equity of ₹1.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.1B and ₹27.0M respectively. Swadeshi Polytex's EBIT is ₹487.3M making its interest coverage ratio -7.3. It has cash and short-term investments of ₹316.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -7.3x |
| Cash | ₹316.82m |
| Equity | ₹1.10b |
| Total liabilities | ₹26.95m |
| Total assets | ₹1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503816's short term assets (₹355.9M) exceed its short term liabilities (₹5.3M).
Long Term Liabilities: 503816's short term assets (₹355.9M) exceed its long term liabilities (₹21.7M).
Debt to Equity History and Analysis
Debt Level: 503816 is debt free.
Reducing Debt: 503816 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 503816 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 503816 has no debt, therefore coverage of interest payments is not a concern.