Futuristic Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Futuristic Solutions has a total shareholder equity of ₹153.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹159.2M and ₹6.0M respectively. Futuristic Solutions's EBIT is ₹17.6M making its interest coverage ratio 111.2. It has cash and short-term investments of ₹68.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 111.2x |
| Cash | ₹67.98m |
| Equity | ₹153.22m |
| Total liabilities | ₹6.01m |
| Total assets | ₹159.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534063's short term assets (₹123.0M) exceed its short term liabilities (₹5.4M).
Long Term Liabilities: 534063's short term assets (₹123.0M) exceed its long term liabilities (₹577.0K).
Debt to Equity History and Analysis
Debt Level: 534063 is debt free.
Reducing Debt: 534063 has no debt compared to 5 years ago when its debt to equity ratio was 34.4%.
Debt Coverage: 534063 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 534063 has no debt, therefore coverage of interest payments is not a concern.