Afloat Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Afloat Enterprises has a total shareholder equity of ₹52.1M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹52.6M and ₹467.0K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | n/a |
Cash | ₹52.00k |
Equity | ₹52.10m |
Total liabilities | ₹467.00k |
Total assets | ₹52.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543377's short term assets (₹52.2M) exceed its short term liabilities (₹289.0K).
Long Term Liabilities: 543377's short term assets (₹52.2M) exceed its long term liabilities (₹178.0K).
Debt to Equity History and Analysis
Debt Level: 543377 is debt free.
Reducing Debt: 543377 has no debt compared to 5 years ago when its debt to equity ratio was 458.4%.
Debt Coverage: 543377 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543377 has no debt, therefore coverage of interest payments is not a concern.