Worth Investment & Trading Balance Sheet Health
Financial Health criteria checks 3/6
Worth Investment & Trading has a total shareholder equity of ₹357.7M and total debt of ₹194.7M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are ₹583.2M and ₹225.5M respectively. Worth Investment & Trading's EBIT is ₹40.8M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹6.8M.
Key information
54.4%
Debt to equity ratio
₹194.73m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹6.75m |
| Equity | ₹357.71m |
| Total liabilities | ₹225.50m |
| Total assets | ₹583.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538451's short term assets (₹561.5M) exceed its short term liabilities (₹222.4M).
Long Term Liabilities: 538451's short term assets (₹561.5M) exceed its long term liabilities (₹3.1M).
Debt to Equity History and Analysis
Debt Level: 538451's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 538451's debt to equity ratio has increased from 20.4% to 54.4% over the past 5 years.
Debt Coverage: 538451's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538451's interest payments on its debt are well covered by EBIT (5.1x coverage).