Orient Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Orient Technologies has a total shareholder equity of ₹3.1B and total debt of ₹31.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹4.8B and ₹1.7B respectively. Orient Technologies's EBIT is ₹626.1M making its interest coverage ratio 184.1. It has cash and short-term investments of ₹1.5B.
Key information
1.0%
Debt to equity ratio
₹31.10m
Debt
| Interest coverage ratio | 184.1x |
| Cash | ₹1.46b |
| Equity | ₹3.08b |
| Total liabilities | ₹1.72b |
| Total assets | ₹4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORIENTTECH's short term assets (₹4.3B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: ORIENTTECH's short term assets (₹4.3B) exceed its long term liabilities (₹101.5M).
Debt to Equity History and Analysis
Debt Level: ORIENTTECH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ORIENTTECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ORIENTTECH's debt is well covered by operating cash flow (901.5%).
Interest Coverage: ORIENTTECH's interest payments on its debt are well covered by EBIT (184.1x coverage).