Firstsource Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Firstsource Solutions has a total shareholder equity of ₹36.7B and total debt of ₹15.1B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are ₹60.0B and ₹23.3B respectively. Firstsource Solutions's EBIT is ₹6.9B making its interest coverage ratio 7.2. It has cash and short-term investments of ₹2.2B.
Key information
41.3%
Debt to equity ratio
₹15.15b
Debt
Interest coverage ratio | 7.2x |
Cash | ₹2.20b |
Equity | ₹36.70b |
Total liabilities | ₹23.32b |
Total assets | ₹60.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532809's short term assets (₹15.6B) do not cover its short term liabilities (₹16.2B).
Long Term Liabilities: 532809's short term assets (₹15.6B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: 532809's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 532809's debt to equity ratio has increased from 26.3% to 41.3% over the past 5 years.
Debt Coverage: 532809's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 532809's interest payments on its debt are well covered by EBIT (7.2x coverage).