Ceenik Exports (India) Balance Sheet Health
Financial Health criteria checks 1/6
Ceenik Exports (India) has a total shareholder equity of ₹97.2M and total debt of ₹227.3M, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are ₹442.5M and ₹345.3M respectively. Ceenik Exports (India)'s EBIT is ₹44.1M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹588.0K.
Key information
233.9%
Debt to equity ratio
₹227.27m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹588.00k |
Equity | ₹97.18m |
Total liabilities | ₹345.34m |
Total assets | ₹442.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531119's short term assets (₹148.3M) do not cover its short term liabilities (₹244.2M).
Long Term Liabilities: 531119's short term assets (₹148.3M) exceed its long term liabilities (₹101.1M).
Debt to Equity History and Analysis
Debt Level: 531119's net debt to equity ratio (233.3%) is considered high.
Reducing Debt: 531119's debt to equity ratio has increased from 144.8% to 233.9% over the past 5 years.
Debt Coverage: 531119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531119's interest payments on its debt are not well covered by EBIT (2.6x coverage).