Classic Leasing & Finance Balance Sheet Health
Financial Health criteria checks 0/6
Classic Leasing & Finance has a total shareholder equity of ₹-44.2M and total debt of ₹93.7M, which brings its debt-to-equity ratio to -212.2%. Its total assets and total liabilities are ₹51.3M and ₹95.5M respectively.
Key information
-212.2%
Debt to equity ratio
₹93.74m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹159.00k |
| Equity | -₹44.17m |
| Total liabilities | ₹95.50m |
| Total assets | ₹51.33m |
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 (5.1%).
Interest Coverage: Insufficient data to determine if 540481's interest payments on its debt are well covered by EBIT.