Choice International Balance Sheet Health
Financial Health criteria checks 4/6
Choice International has a total shareholder equity of ₹9.0B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are ₹23.2B and ₹14.2B respectively.
Key information
55.3%
Debt to equity ratio
₹4.98b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.60b |
| Equity | ₹9.01b |
| Total liabilities | ₹14.19b |
| Total assets | ₹23.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531358's short term assets (₹18.7B) exceed its short term liabilities (₹12.4B).
Long Term Liabilities: 531358's short term assets (₹18.7B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 531358's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 531358's debt to equity ratio has reduced from 78.4% to 55.3% over the past 5 years.
Debt Coverage: 531358's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531358's interest payments on its debt are well covered by EBIT.