Thirdwave Financial Intermediaries Balance Sheet Health
Financial Health criteria checks 5/6
Thirdwave Financial Intermediaries has a total shareholder equity of ₹14.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹14.5M and ₹3.0K respectively. Thirdwave Financial Intermediaries's EBIT is ₹2.0M making its interest coverage ratio 37.6. It has cash and short-term investments of ₹349.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 37.6x |
Cash | ₹349.00k |
Equity | ₹14.45m |
Total liabilities | ₹3.00k |
Total assets | ₹14.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531652's short term assets (₹14.5M) exceed its short term liabilities (₹4.0K).
Long Term Liabilities: 531652's short term assets (₹14.5M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 531652 is debt free.
Reducing Debt: 531652 has no debt compared to 5 years ago when its debt to equity ratio was 97%.
Debt Coverage: 531652 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531652 has no debt, therefore coverage of interest payments is not a concern.