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Solis Marketing Balance Sheet Health
Financial Health criteria checks 4/6
Solis Marketing has a total shareholder equity of ₹53.6M and total debt of ₹14.6M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ₹86.4M and ₹32.7M respectively.
Key information
27.3%
Debt to equity ratio
₹14.62m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹988.00k |
| Equity | ₹53.62m |
| Total liabilities | ₹32.75m |
| Total assets | ₹86.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538575's short term assets (₹86.0M) exceed its short term liabilities (₹32.7M).
Long Term Liabilities: 538575 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 538575's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: 538575's debt to equity ratio has reduced from 72.8% to 27.3% over the past 5 years.
Debt Coverage: 538575's debt is not well covered by operating cash flow (0.09%).
Interest Coverage: Insufficient data to determine if 538575's interest payments on its debt are well covered by EBIT.