Chetana Education Balance Sheet Health
Financial Health criteria checks 3/6
Chetana Education has a total shareholder equity of ₹252.5M and total debt of ₹512.9M, which brings its debt-to-equity ratio to 203.2%. Its total assets and total liabilities are ₹947.5M and ₹695.1M respectively. Chetana Education's EBIT is ₹204.2M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹49.9M.
Key information
203.2%
Debt to equity ratio
₹512.87m
Debt
Interest coverage ratio | 6.1x |
Cash | ₹49.89m |
Equity | ₹252.46m |
Total liabilities | ₹695.05m |
Total assets | ₹947.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHETANA's short term assets (₹926.2M) exceed its short term liabilities (₹604.4M).
Long Term Liabilities: CHETANA's short term assets (₹926.2M) exceed its long term liabilities (₹90.7M).
Debt to Equity History and Analysis
Debt Level: CHETANA's net debt to equity ratio (183.4%) is considered high.
Reducing Debt: Insufficient data to determine if CHETANA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CHETANA's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: CHETANA's interest payments on its debt are well covered by EBIT (6.1x coverage).