Swadeshi Polytex Balance Sheet Health
Financial Health criteria checks 5/6
Swadeshi Polytex has a total shareholder equity of ₹628.9M 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 ₹487.4M respectively. Swadeshi Polytex's EBIT is ₹1.1B making its interest coverage ratio -44.2. It has cash and short-term investments of ₹237.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -44.2x |
Cash | ₹237.35m |
Equity | ₹628.94m |
Total liabilities | ₹487.37m |
Total assets | ₹1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503816's short term assets (₹276.9M) do not cover its short term liabilities (₹465.7M).
Long Term Liabilities: 503816's short term assets (₹276.9M) 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.