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
Is Cineline India (NSE:CINELINE) A Risky Investment?
Feb 10
Is Cineline India (NSE:CINELINE) Using Too Much Debt?
Aug 04Is Cineline India (NSE:CINELINE) Weighed On By Its Debt Load?
Dec 24Is Cineline India (NSE:CINELINE) Using Too Much Debt?
Jul 29Here's Why Cineline India (NSE:CINELINE) Is Weighed Down By Its Debt Load
Mar 07These 4 Measures Indicate That Cineline India (NSE:CINELINE) Is Using Debt Extensively
Dec 03Recent updates
Is Cineline India (NSE:CINELINE) A Risky Investment?
Feb 10Is Cineline India (NSE:CINELINE) Using Too Much Debt?
Aug 04Is Cineline India (NSE:CINELINE) Weighed On By Its Debt Load?
Dec 24Is Cineline India (NSE:CINELINE) Using Too Much Debt?
Jul 29Here's Why Cineline India (NSE:CINELINE) Is Weighed Down By Its Debt Load
Mar 07Is Cineline India Limited's (NSE:CINELINE) 7.7% ROE Better Than Average?
Feb 09Have Insiders Been Buying Cineline India Limited (NSE:CINELINE) Shares?
Jan 19
We Think Cineline India's (NSE:CINELINE) Statutory Profit Might Understate Its Earnings Potential
Dec 29These 4 Measures Indicate That Cineline India (NSE:CINELINE) Is Using Debt Extensively
Dec 03Should You Take Comfort From Insider Transactions At Cineline India Limited (NSE:CINELINE)?
Oct 19Cineline India Limited's (NSE:CINELINE) Price Is Right But Growth Is Lacking
Aug 27Does Cineline India (NSE:CINELINE) Have A Healthy Balance Sheet?
Aug 26Who Has Been Buying Cineline India Limited (NSE:CINELINE) Shares?
Jul 10Financial Position Analysis
Short Term Liabilities: CINELINE's short term assets (₹844.1M) do not cover its short term liabilities (₹1.3B).
Long Term Liabilities: CINELINE's short term assets (₹844.1M) do not cover its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: CINELINE's net debt to equity ratio (238.7%) is considered high.
Reducing Debt: CINELINE's debt to equity ratio has increased from 118.8% to 274.9% over the past 5 years.
Debt Coverage: CINELINE's debt is well covered by operating cash flow (23.8%).
Interest Coverage: CINELINE's interest payments on its debt are not well covered by EBIT (0.7x coverage).