Holmarc Opto-Mechatronics Balance Sheet Health
Financial Health criteria checks 6/6
Holmarc Opto-Mechatronics has a total shareholder equity of ₹238.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹277.2M and ₹38.9M respectively. Holmarc Opto-Mechatronics's EBIT is ₹43.8M making its interest coverage ratio -32.1. It has cash and short-term investments of ₹89.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -32.1x |
| Cash | ₹89.53m |
| Equity | ₹238.35m |
| Total liabilities | ₹38.88m |
| Total assets | ₹277.22m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HOLMARC's short term assets (₹202.3M) exceed its short term liabilities (₹21.5M).
Long Term Liabilities: HOLMARC's short term assets (₹202.3M) exceed its long term liabilities (₹17.4M).
Debt to Equity History and Analysis
Debt Level: HOLMARC is debt free.
Reducing Debt: HOLMARC had no debt 5 years ago.
Debt Coverage: HOLMARC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HOLMARC has no debt, therefore coverage of interest payments is not a concern.