Cargosol Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Cargosol Logistics has a total shareholder equity of ₹216.8M and total debt of ₹291.0M, which brings its debt-to-equity ratio to 134.2%. Its total assets and total liabilities are ₹647.0M and ₹430.2M respectively.
Key information
134.2%
Debt to equity ratio
₹291.01m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹8.00m |
| Equity | ₹216.77m |
| Total liabilities | ₹430.21m |
| Total assets | ₹646.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543621's short term assets (₹359.0M) exceed its short term liabilities (₹314.0M).
Long Term Liabilities: 543621's short term assets (₹359.0M) exceed its long term liabilities (₹116.2M).
Debt to Equity History and Analysis
Debt Level: 543621's net debt to equity ratio (130.6%) is considered high.
Reducing Debt: 543621's debt to equity ratio has reduced from 206.6% to 134.2% over the past 5 years.
Debt Coverage: 543621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543621's interest payments on its debt are well covered by EBIT.