Olympia Industries Balance Sheet Health
Financial Health criteria checks 2/6
Olympia Industries has a total shareholder equity of ₹525.4M and total debt of ₹526.6M, which brings its debt-to-equity ratio to 100.2%. Its total assets and total liabilities are ₹1.4B and ₹844.6M respectively. Olympia Industries's EBIT is ₹64.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹710.0K.
Key information
100.2%
Debt to equity ratio
₹526.64m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹710.00k |
| Equity | ₹525.36m |
| Total liabilities | ₹844.61m |
| Total assets | ₹1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521105's short term assets (₹1.2B) exceed its short term liabilities (₹827.8M).
Long Term Liabilities: 521105's short term assets (₹1.2B) exceed its long term liabilities (₹16.8M).
Debt to Equity History and Analysis
Debt Level: 521105's net debt to equity ratio (100.1%) is considered high.
Reducing Debt: 521105's debt to equity ratio has increased from 41.7% to 100.2% over the past 5 years.
Debt Coverage: 521105's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521105's interest payments on its debt are not well covered by EBIT (1.3x coverage).