Crest Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Crest Ventures has a total shareholder equity of ₹12.0B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ₹14.2B and ₹2.2B respectively. Crest Ventures's EBIT is ₹1.4B making its interest coverage ratio 6. It has cash and short-term investments of ₹428.7M.
Key information
13.9%
Debt to equity ratio
₹1.67b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹428.74m |
| Equity | ₹12.04b |
| Total liabilities | ₹2.19b |
| Total assets | ₹14.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511413's short term assets (₹6.8B) exceed its short term liabilities (₹94.4M).
Long Term Liabilities: 511413's short term assets (₹6.8B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 511413's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 511413's debt to equity ratio has reduced from 17.5% to 13.9% over the past 5 years.
Debt Coverage: 511413's debt is well covered by operating cash flow (37%).
Interest Coverage: 511413's interest payments on its debt are well covered by EBIT (6x coverage).