Country Condo's Balance Sheet Health
Financial Health criteria checks 5/6
Country Condo's has a total shareholder equity of ₹248.6M and total debt of ₹15.2M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹377.9M and ₹129.3M respectively. Country Condo's's EBIT is ₹9.4M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹39.5M.
Key information
6.1%
Debt to equity ratio
₹15.21m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹39.50m |
| Equity | ₹248.58m |
| Total liabilities | ₹129.31m |
| Total assets | ₹377.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531624's short term assets (₹370.2M) exceed its short term liabilities (₹129.2M).
Long Term Liabilities: 531624's short term assets (₹370.2M) exceed its long term liabilities (₹117.0K).
Debt to Equity History and Analysis
Debt Level: 531624 has more cash than its total debt.
Reducing Debt: 531624's debt to equity ratio has reduced from 6.3% to 6.1% over the past 5 years.
Debt Coverage: 531624's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531624's interest payments on its debt are well covered by EBIT (6.9x coverage).