SecMark Consultancy Balance Sheet Health
Financial Health criteria checks 3/6
SecMark Consultancy has a total shareholder equity of ₹160.1M and total debt of ₹110.6M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹313.1M and ₹153.1M respectively. SecMark Consultancy's EBIT is ₹8.3M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹108.1M.
Key information
69.1%
Debt to equity ratio
₹110.57m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹108.07m |
| Equity | ₹160.06m |
| Total liabilities | ₹153.07m |
| Total assets | ₹313.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SECMARK's short term assets (₹133.3M) do not cover its short term liabilities (₹150.1M).
Long Term Liabilities: SECMARK's short term assets (₹133.3M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: SECMARK's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: SECMARK's debt to equity ratio has increased from 17.9% to 69.1% over the past 5 years.
Debt Coverage: SECMARK's debt is well covered by operating cash flow (37.4%).
Interest Coverage: SECMARK's interest payments on its debt are not well covered by EBIT (0.9x coverage).