Avasara Finance Balance Sheet Health
Financial Health criteria checks 6/6
Avasara Finance has a total shareholder equity of ₹22.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹24.7M and ₹2.4M respectively. Avasara Finance's EBIT is ₹655.0K making its interest coverage ratio -8. It has cash and short-term investments of ₹56.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -8x |
Cash | ₹56.00k |
Equity | ₹22.29m |
Total liabilities | ₹2.43m |
Total assets | ₹24.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511730's short term assets (₹24.7M) exceed its short term liabilities (₹2.4M).
Long Term Liabilities: 511730's short term assets (₹24.7M) exceed its long term liabilities (₹2.0K).
Debt to Equity History and Analysis
Debt Level: 511730 is debt free.
Reducing Debt: 511730 had no debt 5 years ago.
Debt Coverage: 511730 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 511730 has no debt, therefore coverage of interest payments is not a concern.