63 moons technologies Balance Sheet Health
Financial Health criteria checks 6/6
63 moons technologies has a total shareholder equity of ₹32.2B and total debt of ₹55.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹37.0B and ₹4.8B respectively. 63 moons technologies's EBIT is ₹1.5B making its interest coverage ratio -1.2. It has cash and short-term investments of ₹15.3B.
Key information
0.2%
Debt to equity ratio
₹55.21m
Debt
Interest coverage ratio | -1.2x |
Cash | ₹15.33b |
Equity | ₹32.20b |
Total liabilities | ₹4.83b |
Total assets | ₹37.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526881's short term assets (₹16.5B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 526881's short term assets (₹16.5B) exceed its long term liabilities (₹221.5M).
Debt to Equity History and Analysis
Debt Level: 526881 has more cash than its total debt.
Reducing Debt: 526881's debt to equity ratio has reduced from 0.9% to 0.2% over the past 5 years.
Debt Coverage: 526881's debt is well covered by operating cash flow (4390%).
Interest Coverage: 526881 earns more interest than it pays, so coverage of interest payments is not a concern.