Thirdwave Financial Intermediaries Balance Sheet Health
Financial Health criteria checks 6/6
Thirdwave Financial Intermediaries has a total shareholder equity of ₹14.0M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹14.0M and ₹35.0K respectively. Thirdwave Financial Intermediaries's EBIT is ₹18.5M making its interest coverage ratio 18521. It has cash and short-term investments of ₹414.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 18521x |
| Cash | ₹414.00k |
| Equity | ₹13.98m |
| Total liabilities | ₹35.00k |
| Total assets | ₹14.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531652's short term assets (₹14.0M) exceed its short term liabilities (₹34.0K).
Long Term Liabilities: 531652's short term assets (₹14.0M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: 531652 is debt free.
Reducing Debt: 531652 has no debt compared to 5 years ago when its debt to equity ratio was 65.5%.
Debt Coverage: 531652 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531652 has no debt, therefore coverage of interest payments is not a concern.