Gradiente Infotainment Balance Sheet Health
Financial Health criteria checks 5/6
Gradiente Infotainment has a total shareholder equity of ₹209.5M and total debt of ₹54.9M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ₹396.8M and ₹187.3M respectively. Gradiente Infotainment's EBIT is ₹10.2M making its interest coverage ratio 44.9. It has cash and short-term investments of ₹9.6M.
Key information
26.2%
Debt to equity ratio
₹54.89m
Debt
Interest coverage ratio | 44.9x |
Cash | ₹9.59m |
Equity | ₹209.52m |
Total liabilities | ₹187.28m |
Total assets | ₹396.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590126's short term assets (₹174.5M) exceed its short term liabilities (₹149.6M).
Long Term Liabilities: 590126's short term assets (₹174.5M) exceed its long term liabilities (₹37.7M).
Debt to Equity History and Analysis
Debt Level: 590126's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: 590126's debt to equity ratio has reduced from 46% to 26.2% over the past 5 years.
Debt Coverage: 590126's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 590126's interest payments on its debt are well covered by EBIT (44.9x coverage).