Chowgule Steamships Balance Sheet Health
Financial Health criteria checks 4/6
Chowgule Steamships has a total shareholder equity of ₹440.8M and total debt of ₹39.0M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ₹532.1M and ₹91.2M respectively.
Key information
8.8%
Debt to equity ratio
₹38.95m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹126.39m |
| Equity | ₹440.84m |
| Total liabilities | ₹91.22m |
| Total assets | ₹532.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501833's short term assets (₹136.9M) exceed its short term liabilities (₹42.8M).
Long Term Liabilities: 501833's short term assets (₹136.9M) exceed its long term liabilities (₹48.4M).
Debt to Equity History and Analysis
Debt Level: 501833 has more cash than its total debt.
Reducing Debt: 501833's debt to equity ratio has reduced from 1072.2% to 8.8% over the past 5 years.
Debt Coverage: 501833's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 501833's interest payments on its debt are well covered by EBIT.