East West Freight Carriers Balance Sheet Health
Financial Health criteria checks 2/6
East West Freight Carriers has a total shareholder equity of ₹680.6M and total debt of ₹694.3M, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are ₹1.5B and ₹828.3M respectively. East West Freight Carriers's EBIT is ₹118.3M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹89.9M.
Key information
102.0%
Debt to equity ratio
₹694.32m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹89.91m |
| Equity | ₹680.62m |
| Total liabilities | ₹828.29m |
| Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540006's short term assets (₹1.1B) exceed its short term liabilities (₹471.7M).
Long Term Liabilities: 540006's short term assets (₹1.1B) exceed its long term liabilities (₹356.6M).
Debt to Equity History and Analysis
Debt Level: 540006's net debt to equity ratio (88.8%) is considered high.
Reducing Debt: 540006's debt to equity ratio has increased from 87.9% to 102% over the past 5 years.
Debt Coverage: 540006's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 540006's interest payments on its debt are not well covered by EBIT (1.1x coverage).