CreditAccess Grameen Balance Sheet Health
Financial Health criteria checks 2/6
CreditAccess Grameen has a total shareholder equity of ₹69.9B and total debt of ₹191.5B, which brings its debt-to-equity ratio to 274.1%. Its total assets and total liabilities are ₹266.1B and ₹196.2B respectively.
Key information
274.1%
Debt to equity ratio
₹191.54b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹18.45b |
| Equity | ₹69.88b |
| Total liabilities | ₹196.24b |
| Total assets | ₹266.13b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put CreditAccess Grameen (NSE:CREDITACC) On Your Watchlist?
Oct 18
Potential Upside For CreditAccess Grameen Limited (NSE:CREDITACC) Not Without Risk
Sep 13If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity
Jun 11Investors Aren't Buying CreditAccess Grameen Limited's (NSE:CREDITACC) Earnings
May 07Is Now The Time To Put CreditAccess Grameen (NSE:CREDITACC) On Your Watchlist?
Feb 26Is Now The Time To Put CreditAccess Grameen (NSE:CREDITACC) On Your Watchlist?
Oct 31If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity
Aug 02How Much Did CreditAccess Grameen's(NSE:CREDITACC) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 28Financial Position Analysis
Short Term Liabilities: CREDITACC's short term assets (₹256.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: CREDITACC's short term assets (₹256.5B) exceed its long term liabilities (₹195.0B).
Debt to Equity History and Analysis
Debt Level: CREDITACC's net debt to equity ratio (247.7%) is considered high.
Reducing Debt: CREDITACC's debt to equity ratio has increased from 220.8% to 274.1% over the past 5 years.
Debt Coverage: CREDITACC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CREDITACC's interest payments on its debt are well covered by EBIT.