PlatinumOne Business Services Balance Sheet Health
Financial Health criteria checks 6/6
PlatinumOne Business Services has a total shareholder equity of ₹163.9M and total debt of ₹3.2M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹201.5M and ₹37.5M respectively. PlatinumOne Business Services's EBIT is ₹28.0M making its interest coverage ratio -180.9. It has cash and short-term investments of ₹8.3M.
Key information
2.0%
Debt to equity ratio
₹3.25m
Debt
Interest coverage ratio | -180.9x |
Cash | ₹8.28m |
Equity | ₹163.94m |
Total liabilities | ₹37.54m |
Total assets | ₹201.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543352's short term assets (₹94.3M) exceed its short term liabilities (₹28.6M).
Long Term Liabilities: 543352's short term assets (₹94.3M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 543352 has more cash than its total debt.
Reducing Debt: 543352's debt to equity ratio has reduced from 121.9% to 2% over the past 5 years.
Debt Coverage: 543352's debt is well covered by operating cash flow (1212.5%).
Interest Coverage: 543352 earns more interest than it pays, so coverage of interest payments is not a concern.