Franklin Industries Balance Sheet Health
Financial Health criteria checks 4/6
Franklin Industries has a total shareholder equity of ₹54.5M and total debt of ₹500.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹123.2M and ₹68.7M respectively. Franklin Industries's EBIT is ₹85.5M making its interest coverage ratio -55898.3. It has cash and short-term investments of ₹31.4K.
Key information
0.9%
Debt to equity ratio
₹500.00k
Debt
Interest coverage ratio | -55898.3x |
Cash | ₹31.40k |
Equity | ₹54.45m |
Total liabilities | ₹68.70m |
Total assets | ₹123.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540190's short term assets (₹119.4M) exceed its short term liabilities (₹68.4M).
Long Term Liabilities: 540190's short term assets (₹119.4M) exceed its long term liabilities (₹263.9K).
Debt to Equity History and Analysis
Debt Level: 540190's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 540190's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: 540190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540190 earns more interest than it pays, so coverage of interest payments is not a concern.