Decipher Labs Balance Sheet Health
Financial Health criteria checks 5/6
Decipher Labs has a total shareholder equity of ₹215.3M and total debt of ₹1.6M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹305.7M and ₹90.4M respectively. Decipher Labs's EBIT is ₹20.5M making its interest coverage ratio 9.7. It has cash and short-term investments of ₹49.3M.
Key information
0.7%
Debt to equity ratio
₹1.59m
Debt
| Interest coverage ratio | 9.7x |
| Cash | ₹49.35m |
| Equity | ₹215.26m |
| Total liabilities | ₹90.42m |
| Total assets | ₹305.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524752's short term assets (₹219.9M) exceed its short term liabilities (₹90.4M).
Long Term Liabilities: 524752 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 524752 has more cash than its total debt.
Reducing Debt: 524752's debt to equity ratio has reduced from 10.7% to 0.7% over the past 5 years.
Debt Coverage: 524752's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524752's interest payments on its debt are well covered by EBIT (9.7x coverage).