Omega Interactive Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Omega Interactive Technologies has a total shareholder equity of ₹216.2M and total debt of ₹94.8M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹313.5M and ₹97.3M respectively. Omega Interactive Technologies's EBIT is ₹10.7M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹2.3M.
Key information
43.8%
Debt to equity ratio
₹94.80m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹2.33m |
| Equity | ₹216.20m |
| Total liabilities | ₹97.31m |
| Total assets | ₹313.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511644's short term assets (₹307.5M) exceed its short term liabilities (₹97.3M).
Long Term Liabilities: 511644 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 511644's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: 511644's debt to equity ratio has increased from 0% to 43.8% over the past 5 years.
Debt Coverage: 511644's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511644's interest payments on its debt are well covered by EBIT (3.3x coverage).