Ceinsys Tech Balance Sheet Health
Financial Health criteria checks 6/6
Ceinsys Tech has a total shareholder equity of ₹2.1B and total debt of ₹360.5M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ₹3.1B and ₹954.7M respectively. Ceinsys Tech's EBIT is ₹483.0M making its interest coverage ratio 10.8. It has cash and short-term investments of ₹395.5M.
Key information
17.1%
Debt to equity ratio
₹360.55m
Debt
Interest coverage ratio | 10.8x |
Cash | ₹395.53m |
Equity | ₹2.11b |
Total liabilities | ₹954.66m |
Total assets | ₹3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538734's short term assets (₹2.2B) exceed its short term liabilities (₹911.1M).
Long Term Liabilities: 538734's short term assets (₹2.2B) exceed its long term liabilities (₹43.5M).
Debt to Equity History and Analysis
Debt Level: 538734 has more cash than its total debt.
Reducing Debt: 538734's debt to equity ratio has reduced from 169.6% to 17.1% over the past 5 years.
Debt Coverage: 538734's debt is well covered by operating cash flow (151.4%).
Interest Coverage: 538734's interest payments on its debt are well covered by EBIT (10.8x coverage).