Holmarc Opto-Mechatronics Balance Sheet Health
Financial Health criteria checks 5/6
Holmarc Opto-Mechatronics has a total shareholder equity of ₹214.9M and total debt of ₹22.3M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹279.9M and ₹65.0M respectively. Holmarc Opto-Mechatronics's EBIT is ₹41.5M making its interest coverage ratio 28.7. It has cash and short-term investments of ₹109.2M.
Key information
10.4%
Debt to equity ratio
₹22.28m
Debt
Interest coverage ratio | 28.7x |
Cash | ₹109.16m |
Equity | ₹214.93m |
Total liabilities | ₹64.97m |
Total assets | ₹279.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOLMARC's short term assets (₹223.5M) exceed its short term liabilities (₹39.2M).
Long Term Liabilities: HOLMARC's short term assets (₹223.5M) exceed its long term liabilities (₹25.8M).
Debt to Equity History and Analysis
Debt Level: HOLMARC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HOLMARC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HOLMARC's debt is well covered by operating cash flow (23.8%).
Interest Coverage: HOLMARC's interest payments on its debt are well covered by EBIT (28.7x coverage).