Cineline India Balance Sheet Health
Financial Health criteria checks 1/6
Cineline India has a total shareholder equity of ₹1.4B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 274.9%. Its total assets and total liabilities are ₹6.0B and ₹4.6B respectively. Cineline India's EBIT is ₹273.8M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹504.3M.
Key information
274.9%
Debt to equity ratio
₹3.83b
Debt
Interest coverage ratio | 0.7x |
Cash | ₹504.32m |
Equity | ₹1.39b |
Total liabilities | ₹4.62b |
Total assets | ₹6.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532807's short term assets (₹844.1M) do not cover its short term liabilities (₹1.3B).
Long Term Liabilities: 532807's short term assets (₹844.1M) do not cover its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: 532807's net debt to equity ratio (238.7%) is considered high.
Reducing Debt: 532807's debt to equity ratio has increased from 118.8% to 274.9% over the past 5 years.
Debt Coverage: 532807's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 532807's interest payments on its debt are not well covered by EBIT (0.7x coverage).