Forbes Balance Sheet Health
Financial Health criteria checks 5/6
Forbes has a total shareholder equity of ₹2.6B and total debt of ₹157.3M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹6.3B and ₹3.7B respectively.
Key information
6.0%
Debt to equity ratio
₹157.30m
Debt
Interest coverage ratio | n/a |
Cash | ₹794.50m |
Equity | ₹2.61b |
Total liabilities | ₹3.67b |
Total assets | ₹6.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502865's short term assets (₹3.5B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 502865's short term assets (₹3.5B) exceed its long term liabilities (₹237.3M).
Debt to Equity History and Analysis
Debt Level: 502865 has more cash than its total debt.
Reducing Debt: 502865's debt to equity ratio has reduced from 273.1% to 6% over the past 5 years.
Debt Coverage: 502865's debt is well covered by operating cash flow (375.4%).
Interest Coverage: Insufficient data to determine if 502865's interest payments on its debt are well covered by EBIT.