Ashika Credit Capital Balance Sheet Health
Financial Health criteria checks 4/6
Ashika Credit Capital has a total shareholder equity of ₹647.2M and total debt of ₹111.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹666.4M and ₹19.2M respectively.
Key information
0.02%
Debt to equity ratio
₹111.00k
Debt
Interest coverage ratio | n/a |
Cash | ₹5.21m |
Equity | ₹647.18m |
Total liabilities | ₹19.21m |
Total assets | ₹666.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543766's short term assets (₹163.4M) exceed its short term liabilities (₹13.7M).
Long Term Liabilities: 543766's short term assets (₹163.4M) exceed its long term liabilities (₹5.5M).
Debt to Equity History and Analysis
Debt Level: 543766 has more cash than its total debt.
Reducing Debt: 543766's debt to equity ratio has reduced from 181.4% to 0.02% over the past 5 years.
Debt Coverage: 543766's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543766's interest payments on its debt are well covered by EBIT.