Optimus Finance Balance Sheet Health
Financial Health criteria checks 4/6
Optimus Finance has a total shareholder equity of ₹559.2M and total debt of ₹87.9M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ₹975.4M and ₹416.2M respectively.
Key information
15.7%
Debt to equity ratio
₹87.91m
Debt
Interest coverage ratio | n/a |
Cash | ₹22.30m |
Equity | ₹559.15m |
Total liabilities | ₹416.22m |
Total assets | ₹975.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531254's short term assets (₹750.9M) exceed its short term liabilities (₹296.9M).
Long Term Liabilities: 531254's short term assets (₹750.9M) exceed its long term liabilities (₹119.3M).
Debt to Equity History and Analysis
Debt Level: 531254's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 531254's debt to equity ratio has reduced from 44.7% to 15.7% over the past 5 years.
Debt Coverage: 531254's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531254's interest payments on its debt are well covered by EBIT.