Accedere Balance Sheet Health
Financial Health criteria checks 5/6
Accedere has a total shareholder equity of ₹42.3M and total debt of ₹4.5M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹50.9M and ₹8.6M respectively. Accedere's EBIT is ₹30.0K making its interest coverage ratio -0. It has cash and short-term investments of ₹24.8M.
Key information
10.5%
Debt to equity ratio
₹4.46m
Debt
| Interest coverage ratio | -0.02x |
| Cash | ₹24.84m |
| Equity | ₹42.29m |
| Total liabilities | ₹8.59m |
| Total assets | ₹50.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531533's short term assets (₹43.6M) exceed its short term liabilities (₹5.7M).
Long Term Liabilities: 531533's short term assets (₹43.6M) exceed its long term liabilities (₹2.9M).
Debt to Equity History and Analysis
Debt Level: 531533 has more cash than its total debt.
Reducing Debt: 531533's debt to equity ratio has increased from 0.03% to 10.5% over the past 5 years.
Debt Coverage: 531533's debt is well covered by operating cash flow (75.8%).
Interest Coverage: 531533 earns more interest than it pays, so coverage of interest payments is not a concern.