Globe Multi Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Globe Multi Ventures has a total shareholder equity of ₹5.0B and total debt of ₹32.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹5.8B and ₹756.5M respectively. Globe Multi Ventures's EBIT is ₹144.4M making its interest coverage ratio -333.5. It has cash and short-term investments of ₹4.0M.
Key information
0.6%
Debt to equity ratio
₹32.01m
Debt
| Interest coverage ratio | -333.5x |
| Cash | ₹4.02m |
| Equity | ₹5.03b |
| Total liabilities | ₹756.53m |
| Total assets | ₹5.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540266's short term assets (₹1.1B) exceed its short term liabilities (₹715.0M).
Long Term Liabilities: 540266's short term assets (₹1.1B) exceed its long term liabilities (₹41.5M).
Debt to Equity History and Analysis
Debt Level: 540266's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 540266's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 540266's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540266 earns more interest than it pays, so coverage of interest payments is not a concern.