Purple Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Purple Entertainment has a total shareholder equity of ₹97.7M and total debt of ₹104.9M, which brings its debt-to-equity ratio to 107.4%. Its total assets and total liabilities are ₹211.9M and ₹114.2M respectively.
Key information
107.4%
Debt to equity ratio
₹104.92m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹76.45m |
| Equity | ₹97.68m |
| Total liabilities | ₹114.21m |
| Total assets | ₹211.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540159's short term assets (₹211.8M) exceed its short term liabilities (₹60.1M).
Long Term Liabilities: 540159's short term assets (₹211.8M) exceed its long term liabilities (₹54.1M).
Debt to Equity History and Analysis
Debt Level: 540159's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 540159's debt to equity ratio has reduced from 116.8% to 107.4% over the past 5 years.
Debt Coverage: 540159's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 540159's interest payments on its debt are well covered by EBIT.