Datasoft Application Software (India) Balance Sheet Health
Financial Health criteria checks 5/6
Datasoft Application Software (India) has a total shareholder equity of ₹2.5M and total debt of ₹5.7M, which brings its debt-to-equity ratio to 225.1%. Its total assets and total liabilities are ₹9.7M and ₹7.2M respectively. Datasoft Application Software (India)'s EBIT is ₹2.2M making its interest coverage ratio -2233. It has cash and short-term investments of ₹8.8M.
Key information
225.1%
Debt to equity ratio
₹5.70m
Debt
Interest coverage ratio | -2233x |
Cash | ₹8.76m |
Equity | ₹2.53m |
Total liabilities | ₹7.21m |
Total assets | ₹9.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526443's short term assets (₹9.0M) exceed its short term liabilities (₹1.5M).
Long Term Liabilities: 526443's short term assets (₹9.0M) exceed its long term liabilities (₹5.7M).
Debt to Equity History and Analysis
Debt Level: 526443 has more cash than its total debt.
Reducing Debt: 526443's debt to equity ratio has increased from 14.4% to 225.1% over the past 5 years.
Debt Coverage: 526443's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 526443 earns more interest than it pays, so coverage of interest payments is not a concern.