Crest Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Crest Ventures has a total shareholder equity of ₹11.3B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ₹13.7B and ₹2.4B respectively. Crest Ventures's EBIT is ₹1.1B making its interest coverage ratio 4.7. It has cash and short-term investments of ₹1.0B.
Key information
17.9%
Debt to equity ratio
₹2.03b
Debt
Interest coverage ratio | 4.7x |
Cash | ₹1.04b |
Equity | ₹11.35b |
Total liabilities | ₹2.36b |
Total assets | ₹13.71b |
Recent financial health updates
No updates
Recent updates
Crest Ventures (NSE:CREST) Has Affirmed Its Dividend Of ₹1.00
Aug 09Crest Ventures (NSE:CREST) Is Paying Out A Dividend Of ₹1.00
Jul 26Crest Ventures (NSE:CREST) Is Paying Out A Dividend Of ₹1.00
Jul 12Crest Ventures (NSE:CREST) Is Paying Out A Dividend Of ₹1.00
Jun 10Crest Ventures' (NSE:CREST) Dividend Will Be ₹1.00
May 27Crest 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 (₹7.6B) exceed its short term liabilities (₹53.4M).
Long Term Liabilities: CREST's short term assets (₹7.6B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: CREST's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: CREST's debt to equity ratio has increased from 11.8% to 17.9% 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 (4.7x coverage).