Golden Carpets Balance Sheet Health
Financial Health criteria checks 0/6
Golden Carpets has a total shareholder equity of ₹-1.0M and total debt of ₹46.6M, which brings its debt-to-equity ratio to -4454.3%. Its total assets and total liabilities are ₹53.4M and ₹54.4M respectively.
Key information
-4,454.3%
Debt to equity ratio
₹46.59m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.36m |
| Equity | -₹1.05m |
| Total liabilities | ₹54.40m |
| Total assets | ₹53.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531928 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 531928 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531928 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 531928's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 531928's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: Insufficient data to determine if 531928's interest payments on its debt are well covered by EBIT.