Career Point Balance Sheet Health
Financial Health criteria checks 5/6
Career Point has a total shareholder equity of ₹5.6B and total debt of ₹186.3M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹6.5B and ₹932.5M respectively. Career Point's EBIT is ₹783.7M making its interest coverage ratio 41.4. It has cash and short-term investments of ₹49.8M.
Key information
3.3%
Debt to equity ratio
₹186.35m
Debt
| Interest coverage ratio | 41.4x |
| Cash | ₹49.83m |
| Equity | ₹5.61b |
| Total liabilities | ₹932.47m |
| Total assets | ₹6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533260's short term assets (₹1.7B) exceed its short term liabilities (₹380.3M).
Long Term Liabilities: 533260's short term assets (₹1.7B) exceed its long term liabilities (₹552.2M).
Debt to Equity History and Analysis
Debt Level: 533260's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 533260's debt to equity ratio has reduced from 16.6% to 3.3% over the past 5 years.
Debt Coverage: 533260's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533260's interest payments on its debt are well covered by EBIT (41.4x coverage).