Accord Synergy Balance Sheet Health
Financial Health criteria checks 6/6
Accord Synergy has a total shareholder equity of ₹148.1M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹175.4M and ₹27.3M respectively. Accord Synergy's EBIT is ₹2.3M making its interest coverage ratio 33.8. It has cash and short-term investments of ₹36.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 33.8x |
Cash | ₹36.49m |
Equity | ₹148.14m |
Total liabilities | ₹27.28m |
Total assets | ₹175.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACCORD's short term assets (₹160.2M) exceed its short term liabilities (₹24.5M).
Long Term Liabilities: ACCORD's short term assets (₹160.2M) exceed its long term liabilities (₹2.8M).
Debt to Equity History and Analysis
Debt Level: ACCORD is debt free.
Reducing Debt: ACCORD has no debt compared to 5 years ago when its debt to equity ratio was 55.6%.
Debt Coverage: ACCORD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ACCORD has no debt, therefore coverage of interest payments is not a concern.