QVC Exports Balance Sheet Health
Financial Health criteria checks 2/6
QVC Exports has a total shareholder equity of ₹340.8M and total debt of ₹498.2M, which brings its debt-to-equity ratio to 146.2%. Its total assets and total liabilities are ₹938.6M and ₹597.8M respectively. QVC Exports's EBIT is ₹21.3M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹18.9M.
Key information
146.2%
Debt to equity ratio
₹498.17m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹18.89m |
| Equity | ₹340.79m |
| Total liabilities | ₹597.83m |
| Total assets | ₹938.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QVCEL's short term assets (₹570.5M) do not cover its short term liabilities (₹571.0M).
Long Term Liabilities: QVCEL's short term assets (₹570.5M) exceed its long term liabilities (₹26.8M).
Debt to Equity History and Analysis
Debt Level: QVCEL's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: QVCEL's debt to equity ratio has increased from 57.3% to 146.2% over the past 5 years.
Debt Coverage: QVCEL's debt is well covered by operating cash flow (20.1%).
Interest Coverage: QVCEL's interest payments on its debt are not well covered by EBIT (0.6x coverage).