Ceenik Exports (India) Balance Sheet Health
Financial Health criteria checks 4/6
Ceenik Exports (India) has a total shareholder equity of ₹743.5M and total debt of ₹236.2M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are ₹1.2B and ₹427.0M respectively. Ceenik Exports (India)'s EBIT is ₹155.5M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹8.2M.
Key information
31.8%
Debt to equity ratio
₹236.16m
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹8.18m |
| Equity | ₹743.55m |
| Total liabilities | ₹427.02m |
| Total assets | ₹1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531119's short term assets (₹95.0M) do not cover its short term liabilities (₹305.7M).
Long Term Liabilities: 531119's short term assets (₹95.0M) do not cover its long term liabilities (₹121.4M).
Debt to Equity History and Analysis
Debt Level: 531119's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 531119's debt to equity ratio has reduced from 114.2% to 31.8% over the past 5 years.
Debt Coverage: 531119's debt is well covered by operating cash flow (274.9%).
Interest Coverage: 531119's interest payments on its debt are well covered by EBIT (9.5x coverage).