Ceejay Finance Balance Sheet Health
Financial Health criteria checks 3/6
Ceejay Finance has a total shareholder equity of ₹735.7M and total debt of ₹384.5M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are ₹1.2B and ₹421.8M respectively. Ceejay Finance's EBIT is ₹130.4M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹12.0M.
Key information
52.3%
Debt to equity ratio
₹384.52m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹11.97m |
| Equity | ₹735.67m |
| Total liabilities | ₹421.82m |
| Total assets | ₹1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530789's short term assets (₹1.1B) exceed its short term liabilities (₹416.7M).
Long Term Liabilities: 530789's short term assets (₹1.1B) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 530789's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: 530789's debt to equity ratio has increased from 51.2% to 52.3% over the past 5 years.
Debt Coverage: 530789's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530789's interest payments on its debt are well covered by EBIT (4.1x coverage).