Choice International Balance Sheet Health
Financial Health criteria checks 5/6
Choice International has a total shareholder equity of ₹5.4B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ₹15.1B and ₹9.6B respectively.
Key information
74.7%
Debt to equity ratio
₹4.04b
Debt
Interest coverage ratio | n/a |
Cash | ₹2.40b |
Equity | ₹5.41b |
Total liabilities | ₹9.64b |
Total assets | ₹15.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531358's short term assets (₹12.0B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 531358's short term assets (₹12.0B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: 531358's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 531358's debt to equity ratio has reduced from 99.2% to 74.7% over the past 5 years.
Debt Coverage: 531358's debt is well covered by operating cash flow (30%).
Interest Coverage: Insufficient data to determine if 531358's interest payments on its debt are well covered by EBIT.