East West Freight Carriers Balance Sheet Health
Financial Health criteria checks 3/6
East West Freight Carriers has a total shareholder equity of ₹671.7M and total debt of ₹573.1M, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ₹1.4B and ₹732.6M respectively. East West Freight Carriers's EBIT is ₹104.8M making its interest coverage ratio 1. It has cash and short-term investments of ₹92.9M.
Key information
85.3%
Debt to equity ratio
₹573.06m
Debt
Interest coverage ratio | 1x |
Cash | ₹92.89m |
Equity | ₹671.66m |
Total liabilities | ₹732.56m |
Total assets | ₹1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540006's short term assets (₹974.2M) exceed its short term liabilities (₹361.1M).
Long Term Liabilities: 540006's short term assets (₹974.2M) exceed its long term liabilities (₹371.4M).
Debt to Equity History and Analysis
Debt Level: 540006's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: 540006's debt to equity ratio has increased from 81.3% to 85.3% over the past 5 years.
Debt Coverage: 540006's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 540006's interest payments on its debt are not well covered by EBIT (1x coverage).