Quasar India Balance Sheet Health
Financial Health criteria checks 4/6
Quasar India has a total shareholder equity of ₹79.5M and total debt of ₹105.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹445.8M and ₹366.2M respectively. Quasar India's EBIT is ₹24.0M making its interest coverage ratio -8.4. It has cash and short-term investments of ₹47.0K.
Key information
0.1%
Debt to equity ratio
₹105.00k
Debt
| Interest coverage ratio | -8.4x |
| Cash | ₹47.00k |
| Equity | ₹79.52m |
| Total liabilities | ₹366.25m |
| Total assets | ₹445.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538452's short term assets (₹395.2M) exceed its short term liabilities (₹366.1M).
Long Term Liabilities: 538452's short term assets (₹395.2M) exceed its long term liabilities (₹105.0K).
Debt to Equity History and Analysis
Debt Level: 538452's net debt to equity ratio (0.07%) is considered satisfactory.
Reducing Debt: 538452's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 538452's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538452 earns more interest than it pays, so coverage of interest payments is not a concern.