Croissance Balance Sheet Health
Financial Health criteria checks 4/6
Croissance has a total shareholder equity of ₹78.7M and total debt of ₹5.3M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹102.0M and ₹23.2M respectively. Croissance's EBIT is ₹6.6M making its interest coverage ratio -595.6. It has cash and short-term investments of ₹12.0K.
Key information
6.7%
Debt to equity ratio
₹5.29m
Debt
Interest coverage ratio | -595.6x |
Cash | ₹12.00k |
Equity | ₹78.72m |
Total liabilities | ₹23.25m |
Total assets | ₹101.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531909's short term assets (₹29.3M) exceed its short term liabilities (₹18.0M).
Long Term Liabilities: 531909's short term assets (₹29.3M) exceed its long term liabilities (₹5.3M).
Debt to Equity History and Analysis
Debt Level: 531909's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 531909's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: 531909's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: 531909 earns more interest than it pays, so coverage of interest payments is not a concern.