SecUR Credentials Balance Sheet Health
Financial Health criteria checks 3/6
SecUR Credentials has a total shareholder equity of ₹493.7M and total debt of ₹228.1M, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are ₹925.7M and ₹432.0M respectively. SecUR Credentials's EBIT is ₹36.3M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹25.7M.
Key information
46.2%
Debt to equity ratio
₹228.07m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹25.74m |
| Equity | ₹493.66m |
| Total liabilities | ₹432.00m |
| Total assets | ₹925.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543625's short term assets (₹720.2M) exceed its short term liabilities (₹226.3M).
Long Term Liabilities: 543625's short term assets (₹720.2M) exceed its long term liabilities (₹205.7M).
Debt to Equity History and Analysis
Debt Level: 543625's net debt to equity ratio (41%) is considered high.
Reducing Debt: 543625's debt to equity ratio has reduced from 49.7% to 46.2% over the past 5 years.
Debt Coverage: 543625's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543625's interest payments on its debt are not well covered by EBIT (1.5x coverage).