Basilic Fly Studio Balance Sheet Health
Financial Health criteria checks 4/6
Basilic Fly Studio has a total shareholder equity of ₹1.1B and total debt of ₹34.6M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹1.3B and ₹194.9M respectively. Basilic Fly Studio's EBIT is ₹390.3M making its interest coverage ratio 74.6. It has cash and short-term investments of ₹447.7M.
Key information
3.0%
Debt to equity ratio
₹34.64m
Debt
Interest coverage ratio | 74.6x |
Cash | ₹447.72m |
Equity | ₹1.15b |
Total liabilities | ₹194.92m |
Total assets | ₹1.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BASILIC's short term assets (₹1.3B) exceed its short term liabilities (₹159.0M).
Long Term Liabilities: BASILIC's short term assets (₹1.3B) exceed its long term liabilities (₹35.9M).
Debt to Equity History and Analysis
Debt Level: BASILIC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BASILIC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BASILIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BASILIC's interest payments on its debt are well covered by EBIT (74.6x coverage).