Evoq Remedies Balance Sheet Health
Financial Health criteria checks 5/6
Evoq Remedies has a total shareholder equity of ₹248.4M and total debt of ₹12.8M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹308.1M and ₹59.7M respectively. Evoq Remedies's EBIT is ₹20.5M making its interest coverage ratio -20491. It has cash and short-term investments of ₹567.0K.
Key information
5.1%
Debt to equity ratio
₹12.76m
Debt
| Interest coverage ratio | -20491x |
| Cash | ₹567.00k |
| Equity | ₹248.36m |
| Total liabilities | ₹59.71m |
| Total assets | ₹308.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543500's short term assets (₹307.9M) exceed its short term liabilities (₹59.7M).
Long Term Liabilities: 543500 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 543500's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543500's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543500's debt is well covered by operating cash flow (735.1%).
Interest Coverage: 543500 earns more interest than it pays, so coverage of interest payments is not a concern.