Humming Bird Education Balance Sheet Health
Financial Health criteria checks 5/6
Humming Bird Education has a total shareholder equity of ₹29.1M and total debt of ₹889.0K, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹49.7M and ₹20.6M respectively. Humming Bird Education's EBIT is ₹5.5M making its interest coverage ratio -8.5. It has cash and short-term investments of ₹33.7M.
Key information
3.1%
Debt to equity ratio
₹889.00k
Debt
| Interest coverage ratio | -8.5x |
| Cash | ₹33.66m |
| Equity | ₹29.09m |
| Total liabilities | ₹20.59m |
| Total assets | ₹49.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542592's short term assets (₹48.6M) exceed its short term liabilities (₹19.7M).
Long Term Liabilities: 542592's short term assets (₹48.6M) exceed its long term liabilities (₹889.0K).
Debt to Equity History and Analysis
Debt Level: 542592 has more cash than its total debt.
Reducing Debt: 542592's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: 542592's debt is well covered by operating cash flow (2735.2%).
Interest Coverage: 542592 earns more interest than it pays, so coverage of interest payments is not a concern.