Cravatex Balance Sheet Health
Financial Health criteria checks 6/6
Cravatex has a total shareholder equity of ₹1.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.3B and ₹272.5M respectively. Cravatex's EBIT is ₹37.9M making its interest coverage ratio -1.6. It has cash and short-term investments of ₹828.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -1.6x |
| Cash | ₹828.85m |
| Equity | ₹1.06b |
| Total liabilities | ₹272.48m |
| Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509472's short term assets (₹1.2B) exceed its short term liabilities (₹242.5M).
Long Term Liabilities: 509472's short term assets (₹1.2B) exceed its long term liabilities (₹29.9M).
Debt to Equity History and Analysis
Debt Level: 509472 is debt free.
Reducing Debt: 509472 has no debt compared to 5 years ago when its debt to equity ratio was 561.9%.
Debt Coverage: 509472 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 509472 has no debt, therefore coverage of interest payments is not a concern.