Dev Labtech Venture Balance Sheet Health
Financial Health criteria checks 4/6
Dev Labtech Venture has a total shareholder equity of ₹201.9M and total debt of ₹11.2M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹241.3M and ₹39.5M respectively. Dev Labtech Venture's EBIT is ₹22.5M making its interest coverage ratio 18.9. It has cash and short-term investments of ₹1.6M.
Key information
5.5%
Debt to equity ratio
₹11.19m
Debt
Interest coverage ratio | 18.9x |
Cash | ₹1.64m |
Equity | ₹201.87m |
Total liabilities | ₹39.46m |
Total assets | ₹241.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543848's short term assets (₹197.5M) exceed its short term liabilities (₹27.9M).
Long Term Liabilities: 543848's short term assets (₹197.5M) exceed its long term liabilities (₹11.5M).
Debt to Equity History and Analysis
Debt Level: 543848's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543848's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543848's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543848's interest payments on its debt are well covered by EBIT (18.9x coverage).