Frontline Balance Sheet Health
Financial Health criteria checks 3/6
Frontline has a total shareholder equity of ₹119.1M and total debt of ₹491.9M, which brings its debt-to-equity ratio to 413%. Its total assets and total liabilities are ₹682.2M and ₹563.1M respectively. Frontline's EBIT is ₹12.2M making its interest coverage ratio -1.3. It has cash and short-term investments of ₹34.9M.
Key information
413.0%
Debt to equity ratio
₹491.94m
Debt
Interest coverage ratio | -1.3x |
Cash | ₹34.90m |
Equity | ₹119.11m |
Total liabilities | ₹563.10m |
Total assets | ₹682.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532042's short term assets (₹286.7M) do not cover its short term liabilities (₹551.5M).
Long Term Liabilities: 532042's short term assets (₹286.7M) exceed its long term liabilities (₹11.6M).
Debt to Equity History and Analysis
Debt Level: 532042's net debt to equity ratio (383.7%) is considered high.
Reducing Debt: 532042's debt to equity ratio has reduced from 694.7% to 413% over the past 5 years.
Debt Coverage: 532042's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532042 earns more interest than it pays, so coverage of interest payments is not a concern.