Quess Balance Sheet Health
Financial Health criteria checks 6/6
Quess has a total shareholder equity of ₹29.6B and total debt of ₹8.4B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ₹62.6B and ₹32.9B respectively. Quess's EBIT is ₹4.4B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹6.0B.
Key information
28.3%
Debt to equity ratio
₹8.38b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹6.02b |
| Equity | ₹29.65b |
| Total liabilities | ₹32.90b |
| Total assets | ₹62.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539978's short term assets (₹35.8B) exceed its short term liabilities (₹26.3B).
Long Term Liabilities: 539978's short term assets (₹35.8B) exceed its long term liabilities (₹6.6B).
Debt to Equity History and Analysis
Debt Level: 539978's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 539978's debt to equity ratio has reduced from 29.3% to 28.3% over the past 5 years.
Debt Coverage: 539978's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 539978's interest payments on its debt are well covered by EBIT (3.9x coverage).