Osel Devices Balance Sheet Health
Financial Health criteria checks 4/6
Osel Devices has a total shareholder equity of ₹253.4M and total debt of ₹254.5M, which brings its debt-to-equity ratio to 100.4%. Its total assets and total liabilities are ₹986.4M and ₹733.0M respectively. Osel Devices's EBIT is ₹215.4M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹47.7M.
Key information
100.4%
Debt to equity ratio
₹254.52m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹47.74m |
| Equity | ₹253.42m |
| Total liabilities | ₹733.00m |
| Total assets | ₹986.42m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: OSELDEVICE's short term assets (₹802.6M) exceed its short term liabilities (₹646.4M).
Long Term Liabilities: OSELDEVICE's short term assets (₹802.6M) exceed its long term liabilities (₹86.6M).
Debt to Equity History and Analysis
Debt Level: OSELDEVICE's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: Insufficient data to determine if OSELDEVICE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OSELDEVICE's debt is well covered by operating cash flow (48%).
Interest Coverage: OSELDEVICE's interest payments on its debt are well covered by EBIT (6.5x coverage).