Career Point Balance Sheet Health
Financial Health criteria checks 5/6
Career Point has a total shareholder equity of ₹5.3B and total debt of ₹346.0M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₹6.4B and ₹1.1B respectively. Career Point's EBIT is ₹741.0M making its interest coverage ratio 43.7. It has cash and short-term investments of ₹64.1M.
Key information
6.5%
Debt to equity ratio
₹345.99m
Debt
| Interest coverage ratio | 43.7x |
| Cash | ₹64.08m |
| Equity | ₹5.32b |
| Total liabilities | ₹1.07b |
| Total assets | ₹6.39b |
Recent financial health updates
Career Point (NSE:CAREERP) Seems To Use Debt Quite Sensibly
Jul 08
These 4 Measures Indicate That Career Point (NSE:CAREERP) Is Using Debt Reasonably Well
Feb 15Career Point (NSE:CAREERP) Has A Rock Solid Balance Sheet
Jun 21Is Career Point (NSE:CAREERP) A Risky Investment?
Feb 18We Think Career Point (NSE:CAREERP) Is Taking Some Risk With Its Debt
Jul 29Is Career Point (NSE:CAREERP) A Risky Investment?
Jan 05
Recent updates
Should You Be Adding Career Point (NSE:CAREERP) To Your Watchlist Today?
Aug 01The Market Lifts Career Point Limited (NSE:CAREERP) Shares 30% But It Can Do More
Jul 16Career Point's (NSE:CAREERP) Solid Profits Have Weak Fundamentals
Jun 03Returns On Capital At Career Point (NSE:CAREERP) Have Hit The Brakes
May 21Career Point Limited (NSE:CAREERP) Shares Fly 32% But Investors Aren't Buying For Growth
Apr 11Career Point (NSE:CAREERP) Has Affirmed Its Dividend Of ₹1.00
Feb 21Insufficient Growth At Career Point Limited (NSE:CAREERP) Hampers Share Price
Jan 09Career Point (NSE:CAREERP) Has Announced A Dividend Of ₹1.00
Aug 31Career Point's (NSE:CAREERP) Dividend Will Be ₹1.00
Aug 17Career Point (NSE:CAREERP) Seems To Use Debt Quite Sensibly
Jul 08Returns On Capital At Career Point (NSE:CAREERP) Have Stalled
May 13These 4 Measures Indicate That Career Point (NSE:CAREERP) Is Using Debt Reasonably Well
Feb 15Here's What To Make Of Career Point's (NSE:CAREERP) Decelerating Rates Of Return
Nov 17Returns At Career Point (NSE:CAREERP) Appear To Be Weighed Down
Aug 17Career Point (NSE:CAREERP) Has A Rock Solid Balance Sheet
Jun 21Is Career Point (NSE:CAREERP) A Risky Investment?
Feb 18The Returns On Capital At Career Point (NSE:CAREERP) Don't Inspire Confidence
Sep 27We Think Career Point (NSE:CAREERP) Is Taking Some Risk With Its Debt
Jul 29Career Point's (NSE:CAREERP) Returns On Capital Are Heading Higher
May 05Are You An Income Investor? Don't Miss Out On Career Point Limited (NSE:CAREERP)
Apr 09Have Insiders Been Selling Career Point Limited (NSE:CAREERP) Shares This Year?
Mar 13Here's What We Like About Career Point's (NSE:CAREERP) Upcoming Dividend
Feb 20Are Career Point's (NSE:CAREERP) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 11Here’s What’s Happening With Returns At Career Point (NSE:CAREERP)
Jan 24Is Career Point (NSE:CAREERP) A Risky Investment?
Jan 05Here's Why We Think Career Point (NSE:CAREERP) Is Well Worth Watching
Dec 18Have Insiders Been Buying Career Point Limited (NSE:CAREERP) Shares?
Dec 01Financial Position Analysis
Short Term Liabilities: CAREERP's short term assets (₹1.7B) exceed its short term liabilities (₹489.1M).
Long Term Liabilities: CAREERP's short term assets (₹1.7B) exceed its long term liabilities (₹583.6M).
Debt to Equity History and Analysis
Debt Level: CAREERP's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: CAREERP's debt to equity ratio has reduced from 16.4% to 6.5% over the past 5 years.
Debt Coverage: CAREERP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CAREERP's interest payments on its debt are well covered by EBIT (43.7x coverage).