Perfect Octave Media Projects Balance Sheet Health
Financial Health criteria checks 3/6
Perfect Octave Media Projects has a total shareholder equity of ₹82.9M and total debt of ₹34.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹121.2M and ₹38.3M respectively. Perfect Octave Media Projects's EBIT is ₹6.0M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹132.0K.
Key information
41.1%
Debt to equity ratio
₹34.05m
Debt
| Interest coverage ratio | 8.2x |
| Cash | ₹132.00k |
| Equity | ₹82.89m |
| Total liabilities | ₹38.34m |
| Total assets | ₹121.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521062's short term assets (₹486.0K) do not cover its short term liabilities (₹38.3M).
Long Term Liabilities: 521062 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 521062's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 521062's debt to equity ratio has reduced from 48.4% to 41.1% over the past 5 years.
Debt Coverage: 521062's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 521062's interest payments on its debt are well covered by EBIT (8.2x coverage).