Net Avenue Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Net Avenue Technologies has a total shareholder equity of ₹32.9M and total debt of ₹29.3M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are ₹131.8M and ₹98.9M respectively. Net Avenue Technologies's EBIT is ₹18.3M making its interest coverage ratio -56.3. It has cash and short-term investments of ₹20.5M.
Key information
89.0%
Debt to equity ratio
₹29.27m
Debt
Interest coverage ratio | -56.3x |
Cash | ₹20.48m |
Equity | ₹32.87m |
Total liabilities | ₹98.92m |
Total assets | ₹131.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBAZAAR's short term assets (₹113.0M) exceed its short term liabilities (₹95.2M).
Long Term Liabilities: CBAZAAR's short term assets (₹113.0M) exceed its long term liabilities (₹3.7M).
Debt to Equity History and Analysis
Debt Level: CBAZAAR's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CBAZAAR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CBAZAAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CBAZAAR earns more interest than it pays, so coverage of interest payments is not a concern.