Quasar India Balance Sheet Health
Financial Health criteria checks 4/6
Quasar India has a total shareholder equity of ₹100.1M and total debt of ₹1.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹133.3M and ₹33.2M respectively. Quasar India's EBIT is ₹31.1M making its interest coverage ratio 31059. It has cash and short-term investments of ₹75.0K.
Key information
1.2%
Debt to equity ratio
₹1.25m
Debt
| Interest coverage ratio | 31059x |
| Cash | ₹75.00k |
| Equity | ₹100.12m |
| Total liabilities | ₹33.16m |
| Total assets | ₹133.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538452's short term assets (₹82.7M) exceed its short term liabilities (₹31.9M).
Long Term Liabilities: 538452's short term assets (₹82.7M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: 538452's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 538452's debt to equity ratio has increased from 0.02% to 1.2% over the past 5 years.
Debt Coverage: 538452's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538452's interest payments on its debt are well covered by EBIT (31059x coverage).