Osiajee Texfab Balance Sheet Health
Financial Health criteria checks 5/6
Osiajee Texfab has a total shareholder equity of ₹96.7M and total debt of ₹37.9M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ₹146.2M and ₹49.5M respectively. Osiajee Texfab's EBIT is ₹10.3M making its interest coverage ratio 21.4. It has cash and short-term investments of ₹2.7M.
Key information
39.2%
Debt to equity ratio
₹37.89m
Debt
Interest coverage ratio | 21.4x |
Cash | ₹2.66m |
Equity | ₹96.67m |
Total liabilities | ₹49.51m |
Total assets | ₹146.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540198's short term assets (₹73.0M) exceed its short term liabilities (₹49.5M).
Long Term Liabilities: 540198 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540198's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 540198's debt to equity ratio has increased from 0% to 39.2% over the past 5 years.
Debt Coverage: 540198's debt is well covered by operating cash flow (49.6%).
Interest Coverage: 540198's interest payments on its debt are well covered by EBIT (21.4x coverage).