Pace E-Commerce Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Pace E-Commerce Ventures has a total shareholder equity of ₹708.0M and total debt of ₹45.4M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ₹761.0M and ₹53.0M respectively. Pace E-Commerce Ventures's EBIT is ₹9.9M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹5.4M.
Key information
6.4%
Debt to equity ratio
₹45.36m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹5.39m |
Equity | ₹707.96m |
Total liabilities | ₹53.03m |
Total assets | ₹760.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543637's short term assets (₹108.8M) exceed its short term liabilities (₹22.2M).
Long Term Liabilities: 543637's short term assets (₹108.8M) exceed its long term liabilities (₹30.8M).
Debt to Equity History and Analysis
Debt Level: 543637's net debt to equity ratio (5.6%) 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's interest payments on its debt are not well covered by EBIT (1.9x coverage).