Upsurge Investment & Finance Balance Sheet Health
Financial Health criteria checks 4/6
Upsurge Investment & Finance has a total shareholder equity of ₹424.7M and total debt of ₹622.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹426.6M and ₹2.0M respectively. Upsurge Investment & Finance's EBIT is ₹88.5M making its interest coverage ratio 51. It has cash and short-term investments of ₹120.0M.
Key information
0.1%
Debt to equity ratio
₹622.00k
Debt
Interest coverage ratio | 51x |
Cash | ₹120.05m |
Equity | ₹424.67m |
Total liabilities | ₹1.95m |
Total assets | ₹426.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531390's short term assets (₹272.2M) exceed its short term liabilities (₹1.2M).
Long Term Liabilities: 531390's short term assets (₹272.2M) exceed its long term liabilities (₹734.0K).
Debt to Equity History and Analysis
Debt Level: 531390 has more cash than its total debt.
Reducing Debt: 531390's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 531390's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531390's interest payments on its debt are well covered by EBIT (51x coverage).