Orient Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Orient Technologies has a total shareholder equity of ₹1.8B and total debt of ₹48.2M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹3.1B and ₹1.4B respectively. Orient Technologies's EBIT is ₹569.6M making its interest coverage ratio 27.8. It has cash and short-term investments of ₹598.8M.
Key information
2.7%
Debt to equity ratio
₹48.17m
Debt
| Interest coverage ratio | 27.8x |
| Cash | ₹598.81m |
| Equity | ₹1.75b |
| Total liabilities | ₹1.36b |
| Total assets | ₹3.11b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 544235's short term assets (₹2.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 544235's short term assets (₹2.8B) exceed its long term liabilities (₹108.7M).
Debt to Equity History and Analysis
Debt Level: 544235 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544235's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544235's debt is well covered by operating cash flow (462.8%).
Interest Coverage: 544235's interest payments on its debt are well covered by EBIT (27.8x coverage).