Longspur International Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Longspur International Ventures has a total shareholder equity of ₹289.4M and total debt of ₹3.2M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹315.9M and ₹26.5M respectively. Longspur International Ventures's EBIT is ₹2.7M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹1.5M.
Key information
1.1%
Debt to equity ratio
₹3.19m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹1.45m |
Equity | ₹289.42m |
Total liabilities | ₹26.50m |
Total assets | ₹315.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504340's short term assets (₹17.3M) do not cover its short term liabilities (₹26.5M).
Long Term Liabilities: 504340 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 504340's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 504340's debt to equity ratio has increased from 0.3% to 1.1% over the past 5 years.
Debt Coverage: 504340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 504340's interest payments on its debt are not well covered by EBIT (1.1x coverage).