Creative Newtech Balance Sheet Health
Financial Health criteria checks 5/6
Creative Newtech has a total shareholder equity of ₹2.5B and total debt of ₹746.5M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are ₹3.9B and ₹1.4B respectively. Creative Newtech's EBIT is ₹487.4M making its interest coverage ratio 8.8. It has cash and short-term investments of ₹175.7M.
Key information
29.6%
Debt to equity ratio
₹746.52m
Debt
| Interest coverage ratio | 8.8x |
| Cash | ₹175.75m |
| Equity | ₹2.53b |
| Total liabilities | ₹1.41b |
| Total assets | ₹3.93b |
Recent financial health updates
Is Creative Newtech (NSE:CREATIVE) Using Too Much Debt?
Jan 02
Here's Why Creative Newtech (NSE:CREATIVE) Can Manage Its Debt Responsibly
Mar 01We Think Creative Newtech (NSE:CREATIVE) Can Stay On Top Of Its Debt
May 30Creative Newtech (NSE:CREATIVE) Seems To Use Debt Quite Sensibly
Dec 29Is Creative Peripherals and Distribution (NSE:CREATIVE) A Risky Investment?
Jun 22We Think Creative Peripherals and Distribution (NSE:CREATIVE) Is Taking Some Risk With Its Debt
Feb 18Recent updates
The Returns At Creative Newtech (NSE:CREATIVE) Aren't Growing
Dec 03Market Might Still Lack Some Conviction On Creative Newtech Limited (NSE:CREATIVE) Even After 29% Share Price Boost
Sep 12Here's What's Concerning About Creative Newtech's (NSE:CREATIVE) Returns On Capital
Aug 29If EPS Growth Is Important To You, Creative Newtech (NSE:CREATIVE) Presents An Opportunity
Jul 04Creative Newtech's (NSE:CREATIVE) Solid Profits Have Weak Fundamentals
May 24Cautious Investors Not Rewarding Creative Newtech Limited's (NSE:CREATIVE) Performance Completely
Apr 26Is Creative Newtech (NSE:CREATIVE) Using Too Much Debt?
Jan 02Shareholders Will Probably Hold Off On Increasing Creative Newtech Limited's (NSE:CREATIVE) CEO Compensation For The Time Being
Sep 18Returns on Capital Paint A Bright Future For Creative Newtech (NSE:CREATIVE)
Aug 18We Ran A Stock Scan For Earnings Growth And Creative Newtech (NSE:CREATIVE) Passed With Ease
Jun 08Here's Why Creative Newtech (NSE:CREATIVE) Can Manage Its Debt Responsibly
Mar 01Here's Why We Think Creative Newtech (NSE:CREATIVE) Might Deserve Your Attention Today
Dec 31Is Now The Time To Put Creative Newtech (NSE:CREATIVE) On Your Watchlist?
Aug 17We Think Creative Newtech (NSE:CREATIVE) Can Stay On Top Of Its Debt
May 30With EPS Growth And More, Creative Newtech (NSE:CREATIVE) Is Interesting
May 12Investors Shouldn't Overlook The Favourable Returns On Capital At Creative Newtech (NSE:CREATIVE)
Mar 23Creative Newtech (NSE:CREATIVE) Seems To Use Debt Quite Sensibly
Dec 29Does Creative Peripherals and Distribution (NSE:CREATIVE) Deserve A Spot On Your Watchlist?
Aug 04Is Creative Peripherals and Distribution (NSE:CREATIVE) A Risky Investment?
Jun 22Should Creative Peripherals and Distribution Limited (NSE:CREATIVE) Be Part Of Your Dividend Portfolio?
Mar 19We Think Creative Peripherals and Distribution (NSE:CREATIVE) Is Taking Some Risk With Its Debt
Feb 18Creative Peripherals and Distribution Limited (NSE:CREATIVE) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 23Key Things To Consider Before Buying Creative Peripherals and Distribution Limited (NSE:CREATIVE) For Its Dividend
Dec 19Financial Position Analysis
Short Term Liabilities: CREATIVE's short term assets (₹3.8B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: CREATIVE's short term assets (₹3.8B) exceed its long term liabilities (₹68.4M).
Debt to Equity History and Analysis
Debt Level: CREATIVE's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: CREATIVE's debt to equity ratio has reduced from 55.2% to 29.6% over the past 5 years.
Debt Coverage: CREATIVE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CREATIVE's interest payments on its debt are well covered by EBIT (8.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:59 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Creative Newtech Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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