Osiajee Texfab Balance Sheet Health
Financial Health criteria checks 3/6
Osiajee Texfab has a total shareholder equity of ₹104.9M and total debt of ₹52.6M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are ₹167.6M and ₹62.7M respectively. Osiajee Texfab's EBIT is ₹13.5M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹6.2M.
Key information
50.2%
Debt to equity ratio
₹52.61m
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹6.24m |
| Equity | ₹104.90m |
| Total liabilities | ₹62.68m |
| Total assets | ₹167.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540198's short term assets (₹76.1M) exceed its short term liabilities (₹42.8M).
Long Term Liabilities: 540198's short term assets (₹76.1M) exceed its long term liabilities (₹19.9M).
Debt to Equity History and Analysis
Debt Level: 540198's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 540198's debt to equity ratio has increased from 0.6% to 50.2% over the past 5 years.
Debt Coverage: 540198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540198's interest payments on its debt are well covered by EBIT (5.8x coverage).