Perfect Octave Media Projects Balance Sheet Health
Financial Health criteria checks 4/6
Perfect Octave Media Projects has a total shareholder equity of ₹80.3M and total debt of ₹35.7M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are ₹122.3M and ₹42.0M respectively. Perfect Octave Media Projects's EBIT is ₹4.0M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹67.0K.
Key information
44.5%
Debt to equity ratio
₹35.73m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹67.00k |
Equity | ₹80.27m |
Total liabilities | ₹42.03m |
Total assets | ₹122.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521062's short term assets (₹898.0K) do not cover its short term liabilities (₹42.0M).
Long Term Liabilities: 521062 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 521062's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: 521062's debt to equity ratio has reduced from 69.9% to 44.5% over the past 5 years.
Debt Coverage: 521062's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 521062's interest payments on its debt are well covered by EBIT (3.1x coverage).