Qualitek Labs Balance Sheet Health
Financial Health criteria checks 6/6
Qualitek Labs has a total shareholder equity of ₹324.5M and total debt of ₹122.5M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are ₹505.9M and ₹181.4M respectively. Qualitek Labs's EBIT is ₹66.5M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹17.7M.
Key information
37.7%
Debt to equity ratio
₹122.48m
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₹17.71m |
| Equity | ₹324.49m |
| Total liabilities | ₹181.40m |
| Total assets | ₹505.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544091's short term assets (₹117.1M) exceed its short term liabilities (₹68.8M).
Long Term Liabilities: 544091's short term assets (₹117.1M) exceed its long term liabilities (₹112.6M).
Debt to Equity History and Analysis
Debt Level: 544091's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 544091 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 544091's debt is well covered by operating cash flow (42.2%).
Interest Coverage: 544091's interest payments on its debt are well covered by EBIT (7.3x coverage).