Colab Cloud Platforms Balance Sheet Health
Financial Health criteria checks 4/6
Colab Cloud Platforms has a total shareholder equity of ₹206.1M and total debt of ₹3.1M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹211.6M and ₹5.5M respectively. Colab Cloud Platforms's EBIT is ₹15.5M making its interest coverage ratio 554.5. It has cash and short-term investments of ₹1.3M.
Key information
1.5%
Debt to equity ratio
₹3.11m
Debt
Interest coverage ratio | 554.5x |
Cash | ₹1.30m |
Equity | ₹206.12m |
Total liabilities | ₹5.50m |
Total assets | ₹211.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542866's short term assets (₹12.0M) exceed its short term liabilities (₹5.5M).
Long Term Liabilities: 542866's short term assets (₹12.0M) do not cover its long term liabilities (₹-100.0).
Debt to Equity History and Analysis
Debt Level: 542866's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 542866's debt to equity ratio has reduced from 81.4% to 1.5% over the past 5 years.
Debt Coverage: 542866's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542866's interest payments on its debt are well covered by EBIT (554.5x coverage).