Coastal Roadways Balance Sheet Health
Financial Health criteria checks 5/6
Coastal Roadways has a total shareholder equity of ₹198.5M and total debt of ₹4.3M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹228.5M and ₹30.0M respectively. Coastal Roadways's EBIT is ₹2.9M making its interest coverage ratio 19.7. It has cash and short-term investments of ₹45.8M.
Key information
2.2%
Debt to equity ratio
₹4.30m
Debt
| Interest coverage ratio | 19.7x |
| Cash | ₹45.80m |
| Equity | ₹198.50m |
| Total liabilities | ₹30.00m |
| Total assets | ₹228.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520131's short term assets (₹109.2M) exceed its short term liabilities (₹14.3M).
Long Term Liabilities: 520131's short term assets (₹109.2M) exceed its long term liabilities (₹15.7M).
Debt to Equity History and Analysis
Debt Level: 520131 has more cash than its total debt.
Reducing Debt: 520131's debt to equity ratio has reduced from 131% to 2.2% over the past 5 years.
Debt Coverage: 520131's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 520131's interest payments on its debt are well covered by EBIT (19.7x coverage).