Osiajee Texfab Balance Sheet Health
Financial Health criteria checks 3/6
Osiajee Texfab has a total shareholder equity of ₹99.6M and total debt of ₹60.5M, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are ₹171.2M and ₹71.6M respectively. Osiajee Texfab's EBIT is ₹10.7M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹6.1M.
Key information
60.7%
Debt to equity ratio
₹60.50m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹6.09m |
| Equity | ₹99.63m |
| Total liabilities | ₹71.55m |
| Total assets | ₹171.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540198's short term assets (₹76.5M) exceed its short term liabilities (₹45.2M).
Long Term Liabilities: 540198's short term assets (₹76.5M) exceed its long term liabilities (₹26.4M).
Debt to Equity History and Analysis
Debt Level: 540198's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: 540198's debt to equity ratio has increased from 0.4% to 60.7% over the past 5 years.
Debt Coverage: 540198's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 540198's interest payments on its debt are well covered by EBIT (4.6x coverage).