Pace E-Commerce Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Pace E-Commerce Ventures has a total shareholder equity of ₹742.8M and total debt of ₹78.5M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₹880.6M and ₹137.7M respectively. Pace E-Commerce Ventures's EBIT is ₹38.2M making its interest coverage ratio -9.1. It has cash and short-term investments of ₹13.8M.
Key information
10.6%
Debt to equity ratio
₹78.54m
Debt
| Interest coverage ratio | -9.1x |
| Cash | ₹13.84m |
| Equity | ₹742.84m |
| Total liabilities | ₹137.73m |
| Total assets | ₹880.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543637's short term assets (₹248.7M) exceed its short term liabilities (₹111.9M).
Long Term Liabilities: 543637's short term assets (₹248.7M) exceed its long term liabilities (₹25.8M).
Debt to Equity History and Analysis
Debt Level: 543637's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543637's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543637's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543637 earns more interest than it pays, so coverage of interest payments is not a concern.