Updater Services Balance Sheet Health
Financial Health criteria checks 5/6
Updater Services has a total shareholder equity of ₹9.0B and total debt of ₹992.4M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹15.8B and ₹6.8B respectively. Updater Services's EBIT is ₹1.1B making its interest coverage ratio 291.9. It has cash and short-term investments of ₹1.6B.
Key information
11.0%
Debt to equity ratio
₹992.36m
Debt
| Interest coverage ratio | 291.9x |
| Cash | ₹1.64b |
| Equity | ₹9.00b |
| Total liabilities | ₹6.79b |
| Total assets | ₹15.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543996's short term assets (₹10.1B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: 543996's short term assets (₹10.1B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 543996 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543996's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543996's debt is well covered by operating cash flow (123.5%).
Interest Coverage: 543996's interest payments on its debt are well covered by EBIT (291.9x coverage).