Captain Technocast Balance Sheet Health
Financial Health criteria checks 5/6
Captain Technocast has a total shareholder equity of ₹218.1M and total debt of ₹107.3M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are ₹474.0M and ₹255.8M respectively. Captain Technocast's EBIT is ₹49.0M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹1.9M.
Key information
49.2%
Debt to equity ratio
₹107.32m
Debt
Interest coverage ratio | 8.5x |
Cash | ₹1.91m |
Equity | ₹218.13m |
Total liabilities | ₹255.83m |
Total assets | ₹473.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540652's short term assets (₹333.9M) exceed its short term liabilities (₹234.9M).
Long Term Liabilities: 540652's short term assets (₹333.9M) exceed its long term liabilities (₹20.9M).
Debt to Equity History and Analysis
Debt Level: 540652's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: 540652's debt to equity ratio has reduced from 68.8% to 49.2% over the past 5 years.
Debt Coverage: 540652's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 540652's interest payments on its debt are well covered by EBIT (8.5x coverage).