Chartered Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Chartered Logistics has a total shareholder equity of ₹449.5M and total debt of ₹207.1M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ₹728.2M and ₹278.7M respectively. Chartered Logistics's EBIT is ₹29.9M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹28.4M.
Key information
46.1%
Debt to equity ratio
₹207.14m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹28.41m |
| Equity | ₹449.48m |
| Total liabilities | ₹278.70m |
| Total assets | ₹728.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531977's short term assets (₹344.4M) exceed its short term liabilities (₹234.8M).
Long Term Liabilities: 531977's short term assets (₹344.4M) exceed its long term liabilities (₹43.9M).
Debt to Equity History and Analysis
Debt Level: 531977's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: 531977's debt to equity ratio has reduced from 149.9% to 46.1% over the past 5 years.
Debt Coverage: 531977's debt is well covered by operating cash flow (63.8%).
Interest Coverage: 531977's interest payments on its debt are not well covered by EBIT (0.9x coverage).