Melstar Information Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Melstar Information Technologies has a total shareholder equity of ₹60.8M and total debt of ₹28.8M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are ₹99.9M and ₹39.1M respectively.
Key information
47.4%
Debt to equity ratio
₹28.84m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.18m |
| Equity | ₹60.79m |
| Total liabilities | ₹39.07m |
| Total assets | ₹99.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532307's short term assets (₹99.9M) exceed its short term liabilities (₹39.1M).
Long Term Liabilities: 532307's short term assets (₹99.9M) exceed its long term liabilities (₹2.0K).
Debt to Equity History and Analysis
Debt Level: 532307's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: 532307's debt to equity ratio has reduced from 213.9% to 47.4% over the past 5 years.
Debt Coverage: 532307's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: Insufficient data to determine if 532307's interest payments on its debt are well covered by EBIT.