Checkpoint Trends Balance Sheet Health
Financial Health criteria checks 4/6
Checkpoint Trends has a total shareholder equity of ₹7.1M and total debt of ₹1.5M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ₹9.5M and ₹2.4M respectively. Checkpoint Trends's EBIT is ₹1.5M making its interest coverage ratio 1477. It has cash and short-term investments of ₹713.0K.
Key information
20.9%
Debt to equity ratio
₹1.48m
Debt
Interest coverage ratio | 1477x |
Cash | ₹713.00k |
Equity | ₹7.07m |
Total liabilities | ₹2.44m |
Total assets | ₹9.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531099's short term assets (₹8.9M) exceed its short term liabilities (₹2.4M).
Long Term Liabilities: 531099 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531099's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 531099's debt to equity ratio has increased from 0% to 20.9% over the past 5 years.
Debt Coverage: 531099's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531099's interest payments on its debt are well covered by EBIT (1477x coverage).