Chartered Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Chartered Logistics has a total shareholder equity of ₹442.7M and total debt of ₹389.5M, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are ₹870.8M and ₹428.0M respectively. Chartered Logistics's EBIT is ₹17.3M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹51.4M.
Key information
88.0%
Debt to equity ratio
₹389.46m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹51.38m |
Equity | ₹442.71m |
Total liabilities | ₹428.04m |
Total assets | ₹870.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531977's short term assets (₹420.6M) exceed its short term liabilities (₹258.1M).
Long Term Liabilities: 531977's short term assets (₹420.6M) exceed its long term liabilities (₹169.9M).
Debt to Equity History and Analysis
Debt Level: 531977's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: 531977's debt to equity ratio has reduced from 144.5% to 88% over the past 5 years.
Debt Coverage: 531977's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 531977's interest payments on its debt are not well covered by EBIT (0.8x coverage).