QVC Exports Balance Sheet Health
Financial Health criteria checks 2/6
QVC Exports has a total shareholder equity of ₹552.3M and total debt of ₹728.6M, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are ₹1.5B and ₹977.9M respectively. QVC Exports's EBIT is ₹38.6M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹72.3M.
Key information
131.9%
Debt to equity ratio
₹728.57m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹72.35m |
| Equity | ₹552.27m |
| Total liabilities | ₹977.91m |
| Total assets | ₹1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QVCEL's short term assets (₹1.1B) exceed its short term liabilities (₹961.2M).
Long Term Liabilities: QVCEL's short term assets (₹1.1B) exceed its long term liabilities (₹16.7M).
Debt to Equity History and Analysis
Debt Level: QVCEL's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: QVCEL's debt to equity ratio has increased from 67.1% to 131.9% over the past 5 years.
Debt Coverage: QVCEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QVCEL's interest payments on its debt are not well covered by EBIT (0.8x coverage).