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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:06 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Qualitek Labs Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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