Modern Shares and Stockbrokers Balance Sheet Health
Financial Health criteria checks 6/6
Modern Shares and Stockbrokers has a total shareholder equity of ₹125.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹161.8M and ₹36.1M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹58.06m |
| Equity | ₹125.74m |
| Total liabilities | ₹36.06m |
| Total assets | ₹161.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509760's short term assets (₹160.0M) exceed its short term liabilities (₹36.1M).
Long Term Liabilities: 509760 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 509760 is debt free.
Reducing Debt: 509760 had no debt 5 years ago.
Debt Coverage: 509760 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 509760 has no debt, therefore coverage of interest payments is not a concern.