Ascensive Educare Balance Sheet Health
Financial Health criteria checks 5/6
Ascensive Educare has a total shareholder equity of ₹135.9M and total debt of ₹43.5M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are ₹236.6M and ₹100.7M respectively. Ascensive Educare's EBIT is ₹23.7M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹6.8M.
Key information
32.0%
Debt to equity ratio
₹43.49m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹6.82m |
| Equity | ₹135.86m |
| Total liabilities | ₹100.73m |
| Total assets | ₹236.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543443's short term assets (₹209.2M) exceed its short term liabilities (₹85.8M).
Long Term Liabilities: 543443's short term assets (₹209.2M) exceed its long term liabilities (₹14.9M).
Debt to Equity History and Analysis
Debt Level: 543443's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 543443's debt to equity ratio has reduced from 255.5% to 32% over the past 5 years.
Debt Coverage: 543443's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543443's interest payments on its debt are well covered by EBIT (6.1x coverage).