Ascensive Educare Balance Sheet Health
Financial Health criteria checks 4/6
Ascensive Educare has a total shareholder equity of ₹110.6M and total debt of ₹31.5M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ₹207.3M and ₹96.7M respectively. Ascensive Educare's EBIT is ₹25.1M making its interest coverage ratio 10.7. It has cash and short-term investments of ₹16.7M.
Key information
28.5%
Debt to equity ratio
₹31.50m
Debt
Interest coverage ratio | 10.7x |
Cash | ₹16.70m |
Equity | ₹110.59m |
Total liabilities | ₹96.68m |
Total assets | ₹207.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543443's short term assets (₹191.0M) exceed its short term liabilities (₹72.8M).
Long Term Liabilities: 543443's short term assets (₹191.0M) exceed its long term liabilities (₹23.9M).
Debt to Equity History and Analysis
Debt Level: 543443's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543443's debt to equity ratio has reduced 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 (10.7x coverage).