Cargosol Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Cargosol Logistics has a total shareholder equity of ₹273.9M and total debt of ₹257.0M, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are ₹713.1M and ₹439.2M respectively. Cargosol Logistics's EBIT is ₹38.6M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹11.7M.
Key information
93.8%
Debt to equity ratio
₹257.02m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹11.68m |
Equity | ₹273.91m |
Total liabilities | ₹439.16m |
Total assets | ₹713.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543621's short term assets (₹420.8M) exceed its short term liabilities (₹341.6M).
Long Term Liabilities: 543621's short term assets (₹420.8M) exceed its long term liabilities (₹97.5M).
Debt to Equity History and Analysis
Debt Level: 543621's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: Insufficient data to determine if 543621's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543621's interest payments on its debt are not well covered by EBIT (1.6x coverage).