Choice International Balance Sheet Health
Financial Health criteria checks 5/6
Choice International has a total shareholder equity of ₹5.4B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ₹15.1B and ₹9.6B respectively.
Key information
74.7%
Debt to equity ratio
₹4.04b
Debt
Interest coverage ratio | n/a |
Cash | ₹2.40b |
Equity | ₹5.41b |
Total liabilities | ₹9.64b |
Total assets | ₹15.06b |
Recent financial health updates
No updates
Recent updates
After Leaping 26% Choice International Limited (NSE:CHOICEIN) Shares Are Not Flying Under The Radar
Apr 20Should You Be Adding Choice International (NSE:CHOICEIN) To Your Watchlist Today?
Mar 14Does Choice International (NSE:CHOICEIN) Deserve A Spot On Your Watchlist?
Sep 07Optimistic Investors Push Choice International Limited (NSE:CHOICEIN) Shares Up 28% But Growth Is Lacking
Nov 03Choice International Limited (NSE:CHOICEIN) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Nov 03Financial Position Analysis
Short Term Liabilities: CHOICEIN's short term assets (₹12.0B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: CHOICEIN's short term assets (₹12.0B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: CHOICEIN's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: CHOICEIN's debt to equity ratio has reduced from 99.2% to 74.7% over the past 5 years.
Debt Coverage: CHOICEIN's debt is well covered by operating cash flow (30%).
Interest Coverage: Insufficient data to determine if CHOICEIN's interest payments on its debt are well covered by EBIT.