Cupid Balance Sheet Health
Financial Health criteria checks 6/6
Cupid has a total shareholder equity of ₹3.2B and total debt of ₹90.4M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹3.6B and ₹380.2M respectively. Cupid's EBIT is ₹565.8M making its interest coverage ratio -15.4. It has cash and short-term investments of ₹1.8B.
Key information
2.8%
Debt to equity ratio
₹90.36m
Debt
| Interest coverage ratio | -15.4x |
| Cash | ₹1.84b |
| Equity | ₹3.21b |
| Total liabilities | ₹380.17m |
| Total assets | ₹3.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530843's short term assets (₹2.8B) exceed its short term liabilities (₹301.8M).
Long Term Liabilities: 530843's short term assets (₹2.8B) exceed its long term liabilities (₹78.3M).
Debt to Equity History and Analysis
Debt Level: 530843 has more cash than its total debt.
Reducing Debt: 530843's debt to equity ratio has reduced from 13% to 2.8% over the past 5 years.
Debt Coverage: 530843's debt is well covered by operating cash flow (100.9%).
Interest Coverage: 530843 earns more interest than it pays, so coverage of interest payments is not a concern.