CarTrade Tech Balance Sheet Health
Financial Health criteria checks 6/6
CarTrade Tech has a total shareholder equity of ₹22.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹25.7B and ₹3.4B respectively. CarTrade Tech's EBIT is ₹664.7M making its interest coverage ratio -11.3. It has cash and short-term investments of ₹6.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -11.3x |
| Cash | ₹6.73b |
| Equity | ₹22.26b |
| Total liabilities | ₹3.43b |
| Total assets | ₹25.69b |
Recent financial health updates
Recent updates
CarTrade Tech Limited's (NSE:CARTRADE) Shares Climb 41% But Its Business Is Yet to Catch Up
Nov 07
CarTrade Tech's (NSE:CARTRADE) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 04CarTrade Tech Limited's (NSE:CARTRADE) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 21These 4 Measures Indicate That CarTrade Tech (NSE:CARTRADE) Is Using Debt Safely
Sep 06Market Participants Recognise CarTrade Tech Limited's (NSE:CARTRADE) Earnings Pushing Shares 30% Higher
May 09Investors Shouldn't Be Too Comfortable With CarTrade Tech's (NSE:CARTRADE) Earnings
Nov 17We Like These Underlying Return On Capital Trends At CarTrade Tech (NSE:CARTRADE)
Sep 15Analysts Have Been Trimming Their CarTrade Tech Limited (NSE:CARTRADE) Price Target After Its Latest Report
May 09Financial Position Analysis
Short Term Liabilities: CARTRADE's short term assets (₹8.2B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: CARTRADE's short term assets (₹8.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: CARTRADE is debt free.
Reducing Debt: CARTRADE has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
Debt Coverage: CARTRADE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CARTRADE has no debt, therefore coverage of interest payments is not a concern.