Ajwa Fun World & Resort Balance Sheet Health
Financial Health criteria checks 0/6
Ajwa Fun World & Resort has a total shareholder equity of ₹-12.9M and total debt of ₹41.7M, which brings its debt-to-equity ratio to -323.5%. Its total assets and total liabilities are ₹121.8M and ₹134.7M respectively. Ajwa Fun World & Resort's EBIT is ₹8.1M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹2.0M.
Key information
-323.5%
Debt to equity ratio
₹41.73m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹2.00m |
| Equity | -₹12.90m |
| Total liabilities | ₹134.72m |
| Total assets | ₹121.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526628 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 526628 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: 526628 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 526628's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 526628's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526628's interest payments on its debt are not well covered by EBIT (2.2x coverage).