Greenhitech Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Greenhitech Ventures has a total shareholder equity of ₹53.9M and total debt of ₹45.4M, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are ₹324.1M and ₹270.2M respectively. Greenhitech Ventures's EBIT is ₹20.9M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹1.5M.
Key information
84.1%
Debt to equity ratio
₹45.39m
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹1.48m |
| Equity | ₹53.94m |
| Total liabilities | ₹270.20m |
| Total assets | ₹324.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544163's short term assets (₹313.1M) exceed its short term liabilities (₹258.9M).
Long Term Liabilities: 544163's short term assets (₹313.1M) exceed its long term liabilities (₹11.3M).
Debt to Equity History and Analysis
Debt Level: 544163's net debt to equity ratio (81.4%) is considered high.
Reducing Debt: Insufficient data to determine if 544163's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544163's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544163's interest payments on its debt are well covered by EBIT (5.9x coverage).