Emerald Finance Balance Sheet Health
Financial Health criteria checks 4/6
Emerald Finance has a total shareholder equity of ₹460.7M and total debt of ₹92.5M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ₹572.5M and ₹111.8M respectively. Emerald Finance's EBIT is ₹70.3M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹72.9M.
Key information
20.1%
Debt to equity ratio
₹92.49m
Debt
Interest coverage ratio | 5.9x |
Cash | ₹72.95m |
Equity | ₹460.74m |
Total liabilities | ₹111.79m |
Total assets | ₹572.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538882's short term assets (₹567.8M) exceed its short term liabilities (₹19.3M).
Long Term Liabilities: 538882's short term assets (₹567.8M) exceed its long term liabilities (₹92.5M).
Debt to Equity History and Analysis
Debt Level: 538882's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 538882's debt to equity ratio has increased from 7.6% to 20.1% over the past 5 years.
Debt Coverage: 538882's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538882's interest payments on its debt are well covered by EBIT (5.9x coverage).