Thinking Hats Entertainment Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Thinking Hats Entertainment Solutions has a total shareholder equity of ₹110.0M and total debt of ₹54.3M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are ₹240.3M and ₹130.3M respectively. Thinking Hats Entertainment Solutions's EBIT is ₹48.4M making its interest coverage ratio 9. It has cash and short-term investments of ₹104.8M.
Key information
49.4%
Debt to equity ratio
₹54.35m
Debt
| Interest coverage ratio | 9x |
| Cash | ₹104.84m |
| Equity | ₹109.99m |
| Total liabilities | ₹130.34m |
| Total assets | ₹240.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THESL's short term assets (₹221.1M) exceed its short term liabilities (₹120.0M).
Long Term Liabilities: THESL's short term assets (₹221.1M) exceed its long term liabilities (₹10.3M).
Debt to Equity History and Analysis
Debt Level: THESL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if THESL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: THESL's debt is well covered by operating cash flow (26.7%).
Interest Coverage: THESL's interest payments on its debt are well covered by EBIT (9x coverage).