Imagicaaworld Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
Imagicaaworld Entertainment has a total shareholder equity of ₹7.8B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ₹11.1B and ₹3.3B respectively. Imagicaaworld Entertainment's EBIT is ₹240.5M making its interest coverage ratio -13.4. It has cash and short-term investments of ₹620.3M.
Key information
28.8%
Debt to equity ratio
₹2.26b
Debt
| Interest coverage ratio | -13.4x |
| Cash | ₹620.25m |
| Equity | ₹7.85b |
| Total liabilities | ₹3.26b |
| Total assets | ₹11.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IMAGICAA's short term assets (₹1.6B) do not cover its short term liabilities (₹3.3B).
Long Term Liabilities: IMAGICAA's short term assets (₹1.6B) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: IMAGICAA's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: IMAGICAA's debt to equity ratio has reduced from 811.4% to 28.8% over the past 5 years.
Debt Coverage: IMAGICAA's debt is well covered by operating cash flow (46.3%).
Interest Coverage: IMAGICAA earns more interest than it pays, so coverage of interest payments is not a concern.