Career Point Balance Sheet Health
Financial Health criteria checks 5/6
Career Point has a total shareholder equity of ₹5.1B and total debt of ₹134.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹5.9B and ₹831.4M respectively. Career Point's EBIT is ₹323.9M making its interest coverage ratio 22.1. It has cash and short-term investments of ₹52.4M.
Key information
2.6%
Debt to equity ratio
₹134.00m
Debt
Interest coverage ratio | 22.1x |
Cash | ₹52.42m |
Equity | ₹5.06b |
Total liabilities | ₹831.35m |
Total assets | ₹5.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533260's short term assets (₹1.6B) exceed its short term liabilities (₹229.5M).
Long Term Liabilities: 533260's short term assets (₹1.6B) exceed its long term liabilities (₹601.9M).
Debt to Equity History and Analysis
Debt Level: 533260's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 533260's debt to equity ratio has reduced from 15.2% to 2.6% 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 (22.1x coverage).