Cupid Balance Sheet Health
Financial Health criteria checks 5/6
Cupid has a total shareholder equity of ₹3.0B and total debt of ₹120.6M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹3.2B and ₹186.5M respectively. Cupid's EBIT is ₹471.8M making its interest coverage ratio 26.1. It has cash and short-term investments of ₹1.9B.
Key information
4.0%
Debt to equity ratio
₹120.59m
Debt
Interest coverage ratio | 26.1x |
Cash | ₹1.87b |
Equity | ₹3.01b |
Total liabilities | ₹186.53m |
Total assets | ₹3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530843's short term assets (₹2.6B) exceed its short term liabilities (₹170.1M).
Long Term Liabilities: 530843's short term assets (₹2.6B) exceed its long term liabilities (₹16.5M).
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 increased from 3% to 4% over the past 5 years.
Debt Coverage: 530843's debt is well covered by operating cash flow (65%).
Interest Coverage: 530843's interest payments on its debt are well covered by EBIT (26.1x coverage).