Ajwa Fun World & Resort Balance Sheet Health
Financial Health criteria checks 0/6
Ajwa Fun World & Resort has a total shareholder equity of ₹-17.7M and total debt of ₹50.4M, which brings its debt-to-equity ratio to -285%. Its total assets and total liabilities are ₹56.1M and ₹73.8M respectively. Ajwa Fun World & Resort's EBIT is ₹3.6M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹941.0K.
Key information
-285.0%
Debt to equity ratio
₹50.37m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹941.00k |
Equity | -₹17.67m |
Total liabilities | ₹73.78m |
Total assets | ₹56.11m |
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: Insufficient data to determine if 526628's debt is well covered by operating cash flow.
Interest Coverage: 526628's interest payments on its debt are not well covered by EBIT (2.3x coverage).