Quess Balance Sheet Health
Financial Health criteria checks 6/6
Quess has a total shareholder equity of ₹30.9B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹64.1B and ₹33.3B respectively. Quess's EBIT is ₹5.0B making its interest coverage ratio 6.4. It has cash and short-term investments of ₹5.9B.
Key information
8.2%
Debt to equity ratio
₹2.53b
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹5.87b |
| Equity | ₹30.86b |
| Total liabilities | ₹33.28b |
| Total assets | ₹64.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539978's short term assets (₹38.2B) exceed its short term liabilities (₹26.5B).
Long Term Liabilities: 539978's short term assets (₹38.2B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: 539978 has more cash than its total debt.
Reducing Debt: 539978's debt to equity ratio has reduced from 30.2% to 8.2% over the past 5 years.
Debt Coverage: 539978's debt is well covered by operating cash flow (253.8%).
Interest Coverage: 539978's interest payments on its debt are well covered by EBIT (6.4x coverage).