Classic Leasing & Finance Balance Sheet Health
Financial Health criteria checks 0/6
Classic Leasing & Finance has a total shareholder equity of ₹-48.0M and total debt of ₹90.2M, which brings its debt-to-equity ratio to -187.8%. Its total assets and total liabilities are ₹44.0M and ₹92.0M respectively.
Key information
-187.8%
Debt to equity ratio
₹90.19m
Debt
Interest coverage ratio | n/a |
Cash | ₹117.00k |
Equity | -₹48.01m |
Total liabilities | ₹91.96m |
Total assets | ₹43.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540481 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 540481 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540481 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 540481's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 540481's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if 540481's interest payments on its debt are well covered by EBIT.