Crest Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Crest Ventures has a total shareholder equity of ₹10.5B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ₹12.9B and ₹2.4B respectively. Crest Ventures's EBIT is ₹994.9M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹489.3M.
Key information
15.5%
Debt to equity ratio
₹1.63b
Debt
Interest coverage ratio | 5.3x |
Cash | ₹489.27m |
Equity | ₹10.52b |
Total liabilities | ₹2.37b |
Total assets | ₹12.89b |
Recent financial health updates
No updates
Recent updates
Crest Ventures (NSE:CREST) Has Announced A Dividend Of ₹0.50
Sep 02Is Crest Ventures Limited (NSE:CREST) An Attractive Dividend Stock?
May 08Read This Before Buying Crest Ventures Limited (NSE:CREST) For Its Dividend
Jan 23Here's How We Evaluate Crest Ventures Limited's (NSE:CREST) Dividend
Oct 25Crest Ventures Limited's (NSE:CREST) Sentiment Matching Earnings
Sep 02Improved Earnings Required Before Crest Ventures Limited (NSE:CREST) Shares Find Their Feet
Aug 18Improved Earnings Required Before Crest Ventures Limited (NSE:CREST) Shares Find Their Feet
Aug 04Financial Position Analysis
Short Term Liabilities: CREST's short term assets (₹6.3B) exceed its short term liabilities (₹611.0M).
Long Term Liabilities: CREST's short term assets (₹6.3B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: CREST's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: CREST's debt to equity ratio has increased from 12.1% to 15.5% over the past 5 years.
Debt Coverage: CREST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CREST's interest payments on its debt are well covered by EBIT (5.3x coverage).