Flomic Global Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Flomic Global Logistics has a total shareholder equity of ₹399.4M and total debt of ₹662.4M, which brings its debt-to-equity ratio to 165.9%. Its total assets and total liabilities are ₹1.4B and ₹1.0B respectively. Flomic Global Logistics's EBIT is ₹80.9M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹122.1M.
Key information
165.9%
Debt to equity ratio
₹662.39m
Debt
Interest coverage ratio | 1.2x |
Cash | ₹122.09m |
Equity | ₹399.36m |
Total liabilities | ₹1.03b |
Total assets | ₹1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504380's short term assets (₹789.5M) exceed its short term liabilities (₹666.3M).
Long Term Liabilities: 504380's short term assets (₹789.5M) exceed its long term liabilities (₹358.8M).
Debt to Equity History and Analysis
Debt Level: 504380's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: Insufficient data to determine if 504380's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 504380's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 504380's interest payments on its debt are not well covered by EBIT (1.2x coverage).