Omnitex Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Omnitex Industries (India) has a total shareholder equity of ₹1.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.6B and ₹341.6M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.39m |
| Equity | ₹1.24b |
| Total liabilities | ₹341.57m |
| Total assets | ₹1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514324's short term assets (₹8.1M) exceed its short term liabilities (₹182.0K).
Long Term Liabilities: 514324's short term assets (₹8.1M) do not cover its long term liabilities (₹341.4M).
Debt to Equity History and Analysis
Debt Level: 514324 is debt free.
Reducing Debt: 514324 had no debt 5 years ago.
Debt Coverage: 514324 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 514324 has no debt, therefore coverage of interest payments is not a concern.