Ekam Leasing and Finance Balance Sheet Health
Financial Health criteria checks 4/6
Ekam Leasing and Finance has a total shareholder equity of ₹84.0M and total debt of ₹14.9M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹107.2M and ₹23.2M respectively.
Key information
17.7%
Debt to equity ratio
₹14.89m
Debt
Interest coverage ratio | n/a |
Cash | ₹320.00k |
Equity | ₹84.05m |
Total liabilities | ₹23.19m |
Total assets | ₹107.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530581's short term assets (₹80.6M) exceed its short term liabilities (₹15.4M).
Long Term Liabilities: 530581's short term assets (₹80.6M) exceed its long term liabilities (₹7.8M).
Debt to Equity History and Analysis
Debt Level: 530581's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 530581's debt to equity ratio has reduced from 23.3% to 17.7% over the past 5 years.
Debt Coverage: 530581's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530581's interest payments on its debt are well covered by EBIT.