Onix Solar Energy Balance Sheet Health
Financial Health criteria checks 6/6
Onix Solar Energy has a total shareholder equity of ₹41.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹42.2M and ₹685.0K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹929.00k |
| Equity | ₹41.52m |
| Total liabilities | ₹685.00k |
| Total assets | ₹42.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513119's short term assets (₹38.1M) exceed its short term liabilities (₹685.0K).
Long Term Liabilities: 513119 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 513119 is debt free.
Reducing Debt: 513119 has no debt compared to 5 years ago when its debt to equity ratio was 65.9%.
Debt Coverage: 513119 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 513119 has no debt, therefore coverage of interest payments is not a concern.