Minolta Finance Balance Sheet Health
Financial Health criteria checks 3/6
Minolta Finance has a total shareholder equity of ₹107.3M and total debt of ₹13.3M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹131.0M and ₹23.8M respectively.
Key information
12.4%
Debt to equity ratio
₹13.27m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.72m |
Equity | ₹107.26m |
Total liabilities | ₹23.78m |
Total assets | ₹131.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532164's short term assets (₹120.8M) exceed its short term liabilities (₹1.1M).
Long Term Liabilities: 532164's short term assets (₹120.8M) exceed its long term liabilities (₹22.7M).
Debt to Equity History and Analysis
Debt Level: 532164's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 532164's debt to equity ratio has increased from 0% to 12.4% over the past 5 years.
Debt Coverage: 532164's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 532164's interest payments on its debt are well covered by EBIT.