OK Play India Balance Sheet Health
Financial Health criteria checks 3/6
OK Play India has a total shareholder equity of ₹1.3B and total debt of ₹816.4M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are ₹2.9B and ₹1.6B respectively. OK Play India's EBIT is ₹160.5M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹21.7M.
Key information
64.9%
Debt to equity ratio
₹816.41m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹21.73m |
| Equity | ₹1.26b |
| Total liabilities | ₹1.62b |
| Total assets | ₹2.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526415's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 526415's short term assets (₹1.5B) exceed its long term liabilities (₹502.2M).
Debt to Equity History and Analysis
Debt Level: 526415's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 526415's debt to equity ratio has reduced from 167.1% to 64.9% over the past 5 years.
Debt Coverage: 526415's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 526415's interest payments on its debt are not well covered by EBIT (1.1x coverage).