Helpage Finlease Balance Sheet Health
Financial Health criteria checks 2/6
Helpage Finlease has a total shareholder equity of ₹158.1M and total debt of ₹571.6M, which brings its debt-to-equity ratio to 361.4%. Its total assets and total liabilities are ₹764.9M and ₹606.8M respectively.
Key information
361.4%
Debt to equity ratio
₹571.61m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.84m |
Equity | ₹158.15m |
Total liabilities | ₹606.80m |
Total assets | ₹764.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539174's short term assets (₹758.6M) exceed its short term liabilities (₹35.1M).
Long Term Liabilities: 539174's short term assets (₹758.6M) exceed its long term liabilities (₹571.7M).
Debt to Equity History and Analysis
Debt Level: 539174's net debt to equity ratio (360.3%) is considered high.
Reducing Debt: 539174's debt to equity ratio has increased from 188.3% to 361.4% over the past 5 years.
Debt Coverage: 539174's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: Insufficient data to determine if 539174's interest payments on its debt are well covered by EBIT.