Le Travenues Technology Balance Sheet Health
Financial Health criteria checks 6/6
Le Travenues Technology has a total shareholder equity of ₹5.9B and total debt of ₹32.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹7.9B and ₹2.0B respectively. Le Travenues Technology's EBIT is ₹603.9M making its interest coverage ratio -49.2. It has cash and short-term investments of ₹2.7B.
Key information
0.6%
Debt to equity ratio
₹32.73m
Debt
| Interest coverage ratio | -49.2x |
| Cash | ₹2.68b |
| Equity | ₹5.95b |
| Total liabilities | ₹1.96b |
| Total assets | ₹7.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IXIGO's short term assets (₹4.2B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: IXIGO's short term assets (₹4.2B) exceed its long term liabilities (₹104.1M).
Debt to Equity History and Analysis
Debt Level: IXIGO has more cash than its total debt.
Reducing Debt: IXIGO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: IXIGO's debt is well covered by operating cash flow (2878.2%).
Interest Coverage: IXIGO earns more interest than it pays, so coverage of interest payments is not a concern.