Updater Services Balance Sheet Health
Financial Health criteria checks 5/6
Updater Services has a total shareholder equity of ₹8.0B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are ₹19.4B and ₹11.4B respectively. Updater Services's EBIT is ₹1.1B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹8.0B.
Key information
33.2%
Debt to equity ratio
₹2.64b
Debt
Interest coverage ratio | 6.8x |
Cash | ₹8.00b |
Equity | ₹7.96b |
Total liabilities | ₹11.43b |
Total assets | ₹19.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UDS's short term assets (₹14.2B) exceed its short term liabilities (₹9.2B).
Long Term Liabilities: UDS's short term assets (₹14.2B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: UDS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if UDS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UDS's debt is well covered by operating cash flow (49.5%).
Interest Coverage: UDS's interest payments on its debt are well covered by EBIT (6.8x coverage).