SecUR Credentials Balance Sheet Health
Financial Health criteria checks 3/6
SecUR Credentials has a total shareholder equity of ₹493.7M and total debt of ₹228.1M, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are ₹925.7M and ₹432.0M respectively. SecUR Credentials's EBIT is ₹36.3M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹25.7M.
Key information
46.2%
Debt to equity ratio
₹228.07m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹25.74m |
| Equity | ₹493.66m |
| Total liabilities | ₹432.00m |
| Total assets | ₹925.66m |
Recent financial health updates
These 4 Measures Indicate That SecUR Credentials (NSE:SECURCRED) Is Using Debt Extensively
Jan 03
We Think SecUR Credentials (NSE:SECURCRED) Can Stay On Top Of Its Debt
Sep 26SecUR Credentials (NSE:SECURCRED) Seems To Use Debt Quite Sensibly
Jan 13Is SecUR Credentials (NSE:SECURCRED) A Risky Investment?
Jun 04Is SecUR Credentials (NSE:SECURCRED) A Risky Investment?
Dec 31Recent updates
SecUR Credentials Limited (NSE:SECURCRED) Not Doing Enough For Some Investors As Its Shares Slump 30%
Jul 12SecUR Credentials Limited (NSE:SECURCRED) Looks Inexpensive But Perhaps Not Attractive Enough
May 23These 4 Measures Indicate That SecUR Credentials (NSE:SECURCRED) Is Using Debt Extensively
Jan 03We Ran A Stock Scan For Earnings Growth And SecUR Credentials (NSE:SECURCRED) Passed With Ease
Oct 19We Think SecUR Credentials (NSE:SECURCRED) Can Stay On Top Of Its Debt
Sep 26Should You Be Adding SecUR Credentials (NSE:SECURCRED) To Your Watchlist Today?
Jul 08Is Now The Time To Put SecUR Credentials (NSE:SECURCRED) On Your Watchlist?
Mar 29SecUR Credentials (NSE:SECURCRED) Seems To Use Debt Quite Sensibly
Jan 13Estimating The Intrinsic Value Of SecUR Credentials Limited (NSE:SECURCRED)
Aug 19Is SecUR Credentials (NSE:SECURCRED) A Risky Investment?
Jun 04Is SecUR Credentials (NSE:SECURCRED) A Risky Investment?
Dec 31How Much is SecUR Credentials' (NSE:SECURCRED) CEO Getting Paid?
Jan 13Financial Position Analysis
Short Term Liabilities: SECURCRED's short term assets (₹720.2M) exceed its short term liabilities (₹226.3M).
Long Term Liabilities: SECURCRED's short term assets (₹720.2M) exceed its long term liabilities (₹205.7M).
Debt to Equity History and Analysis
Debt Level: SECURCRED's net debt to equity ratio (41%) is considered high.
Reducing Debt: SECURCRED's debt to equity ratio has reduced from 49.7% to 46.2% over the past 5 years.
Debt Coverage: SECURCRED's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SECURCRED's interest payments on its debt are not well covered by EBIT (1.5x coverage).