Otco International Balance Sheet Health
Financial Health criteria checks 3/6
Otco International has a total shareholder equity of ₹26.3M and total debt of ₹64.1M, which brings its debt-to-equity ratio to 243.6%. Its total assets and total liabilities are ₹98.0M and ₹71.7M respectively. Otco International's EBIT is ₹731.0K making its interest coverage ratio 17.4. It has cash and short-term investments of ₹589.0K.
Key information
243.6%
Debt to equity ratio
₹64.10m
Debt
Interest coverage ratio | 17.4x |
Cash | ₹589.00k |
Equity | ₹26.31m |
Total liabilities | ₹71.69m |
Total assets | ₹98.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523151's short term assets (₹91.7M) exceed its short term liabilities (₹71.7M).
Long Term Liabilities: 523151 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523151's net debt to equity ratio (241.3%) is considered high.
Reducing Debt: 523151's debt to equity ratio has increased from 118.6% to 243.6% 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 (17.4x coverage).