OK Play India Balance Sheet Health
Financial Health criteria checks 4/6
OK Play India has a total shareholder equity of ₹1.3B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are ₹3.3B and ₹2.0B respectively. OK Play India's EBIT is ₹154.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹20.6M.
Key information
76.1%
Debt to equity ratio
₹1.01b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹20.61m |
| Equity | ₹1.32b |
| Total liabilities | ₹1.98b |
| Total assets | ₹3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526415's short term assets (₹1.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 526415's short term assets (₹1.8B) exceed its long term liabilities (₹626.1M).
Debt to Equity History and Analysis
Debt Level: 526415's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: 526415's debt to equity ratio has reduced from 187.6% to 76.1% over the past 5 years.
Debt Coverage: 526415's debt is well covered by operating cash flow (26.5%).
Interest Coverage: 526415's interest payments on its debt are not well covered by EBIT (1.1x coverage).