Winny Immigration & Education Services Balance Sheet Health
Financial Health criteria checks 5/6
Winny Immigration & Education Services has a total shareholder equity of ₹23.1M and total debt of ₹20.7M, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are ₹54.3M and ₹31.2M respectively. Winny Immigration & Education Services's EBIT is ₹5.1M making its interest coverage ratio -6.2. It has cash and short-term investments of ₹10.4M.
Key information
89.6%
Debt to equity ratio
₹20.68m
Debt
Interest coverage ratio | -6.2x |
Cash | ₹10.45m |
Equity | ₹23.07m |
Total liabilities | ₹31.21m |
Total assets | ₹54.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINNY's short term assets (₹40.6M) exceed its short term liabilities (₹27.0M).
Long Term Liabilities: WINNY's short term assets (₹40.6M) exceed its long term liabilities (₹4.2M).
Debt to Equity History and Analysis
Debt Level: WINNY's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: WINNY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WINNY's debt is well covered by operating cash flow (35.9%).
Interest Coverage: WINNY earns more interest than it pays, so coverage of interest payments is not a concern.