Holmarc Opto-Mechatronics Balance Sheet Health
Financial Health criteria checks 5/6
Holmarc Opto-Mechatronics has a total shareholder equity of ₹246.7M and total debt of ₹133.5K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹296.1M and ₹49.4M respectively. Holmarc Opto-Mechatronics's EBIT is ₹45.6M making its interest coverage ratio -19.2. It has cash and short-term investments of ₹88.0M.
Key information
0.05%
Debt to equity ratio
₹133.47k
Debt
| Interest coverage ratio | -19.2x |
| Cash | ₹87.96m |
| Equity | ₹246.68m |
| Total liabilities | ₹49.38m |
| Total assets | ₹296.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HOLMARC's short term assets (₹211.2M) exceed its short term liabilities (₹32.0M).
Long Term Liabilities: HOLMARC's short term assets (₹211.2M) exceed its long term liabilities (₹17.4M).
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 (31127.2%).
Interest Coverage: HOLMARC earns more interest than it pays, so coverage of interest payments is not a concern.