Country Condo's Balance Sheet Health
Financial Health criteria checks 4/6
Country Condo's has a total shareholder equity of ₹241.8M and total debt of ₹19.9M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹338.5M and ₹96.6M respectively. Country Condo's's EBIT is ₹15.5M making its interest coverage ratio 13.4. It has cash and short-term investments of ₹45.8M.
Key information
8.2%
Debt to equity ratio
₹19.94m
Debt
Interest coverage ratio | 13.4x |
Cash | ₹45.81m |
Equity | ₹241.82m |
Total liabilities | ₹96.64m |
Total assets | ₹338.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531624's short term assets (₹329.6M) exceed its short term liabilities (₹95.8M).
Long Term Liabilities: 531624's short term assets (₹329.6M) exceed its long term liabilities (₹873.0K).
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 increased from 7.1% to 8.2% 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 (13.4x coverage).