Onesource Industries and Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Onesource Industries and Ventures has a total shareholder equity of ₹35.3M and total debt of ₹640.0K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹101.4M and ₹66.1M respectively. Onesource Industries and Ventures's EBIT is ₹6.4M making its interest coverage ratio -3.6. It has cash and short-term investments of ₹288.0K.
Key information
1.8%
Debt to equity ratio
₹640.00k
Debt
| Interest coverage ratio | -3.6x |
| Cash | ₹288.00k |
| Equity | ₹35.27m |
| Total liabilities | ₹66.14m |
| Total assets | ₹101.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530805's short term assets (₹85.7M) exceed its short term liabilities (₹66.1M).
Long Term Liabilities: 530805's short term assets (₹85.7M) exceed its long term liabilities (₹6.0K).
Debt to Equity History and Analysis
Debt Level: 530805's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 530805's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 530805's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530805 earns more interest than it pays, so coverage of interest payments is not a concern.