Credent Global Finance Balance Sheet Health
Financial Health criteria checks 3/6
Credent Global Finance has a total shareholder equity of ₹706.8M and total debt of ₹340.6M, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are ₹1.2B and ₹460.6M respectively.
Key information
48.2%
Debt to equity ratio
₹340.55m
Debt
Interest coverage ratio | n/a |
Cash | ₹68.32m |
Equity | ₹706.76m |
Total liabilities | ₹460.59m |
Total assets | ₹1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539598's short term assets (₹658.7M) exceed its short term liabilities (₹376.2M).
Long Term Liabilities: 539598's short term assets (₹658.7M) exceed its long term liabilities (₹84.4M).
Debt to Equity History and Analysis
Debt Level: 539598's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 539598's debt to equity ratio has increased from 0% to 48.2% over the past 5 years.
Debt Coverage: 539598's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 539598's interest payments on its debt are well covered by EBIT.