PlatinumOne Business Services Limited

BSE:543352 Stock Report

Market Cap: ₹313.3m

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.


Balance Sheet


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