QGO Finance Balance Sheet Health
Financial Health criteria checks 2/6
QGO Finance has a total shareholder equity of ₹168.8M and total debt of ₹870.8M, which brings its debt-to-equity ratio to 515.8%. Its total assets and total liabilities are ₹1.0B and ₹873.3M respectively.
Key information
515.8%
Debt to equity ratio
₹870.77m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹30.19m |
| Equity | ₹168.82m |
| Total liabilities | ₹873.30m |
| Total assets | ₹1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538646's short term assets (₹1.0B) exceed its short term liabilities (₹1.8M).
Long Term Liabilities: 538646's short term assets (₹1.0B) exceed its long term liabilities (₹871.5M).
Debt to Equity History and Analysis
Debt Level: 538646's net debt to equity ratio (497.9%) is considered high.
Reducing Debt: 538646's debt to equity ratio has increased from 152.6% to 515.8% over the past 5 years.
Debt Coverage: 538646's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: Insufficient data to determine if 538646's interest payments on its debt are well covered by EBIT.