7Seas Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
7Seas Entertainment has a total shareholder equity of ₹-7.9M and total debt of ₹39.7M, which brings its debt-to-equity ratio to -503.7%. Its total assets and total liabilities are ₹32.4M and ₹41.3M respectively. 7Seas Entertainment's EBIT is ₹10.2M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹4.4M.
Key information
-503.7%
Debt to equity ratio
₹39.73m
Debt
Interest coverage ratio | 5.6x |
Cash | ₹4.35m |
Equity | -₹7.89m |
Total liabilities | ₹41.34m |
Total assets | ₹32.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540874 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 540874 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540874 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 540874's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 540874's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540874's interest payments on its debt are well covered by EBIT (5.6x coverage).