Otco International Balance Sheet Health
Financial Health criteria checks 3/6
Otco International has a total shareholder equity of ₹26.0M and total debt of ₹63.4M, which brings its debt-to-equity ratio to 243.8%. Its total assets and total liabilities are ₹96.8M and ₹70.8M respectively. Otco International's EBIT is ₹1.9M making its interest coverage ratio 21.1. It has cash and short-term investments of ₹1.4M.
Key information
243.8%
Debt to equity ratio
₹63.38m
Debt
Interest coverage ratio | 21.1x |
Cash | ₹1.37m |
Equity | ₹25.99m |
Total liabilities | ₹70.76m |
Total assets | ₹96.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523151's short term assets (₹90.0M) exceed its short term liabilities (₹70.8M).
Long Term Liabilities: 523151 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523151's net debt to equity ratio (238.6%) is considered high.
Reducing Debt: 523151's debt to equity ratio has increased from 101.5% to 243.8% over the past 5 years.
Debt Coverage: 523151's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523151's interest payments on its debt are well covered by EBIT (21.1x coverage).