SoftSol India Balance Sheet Health
Financial Health criteria checks 4/6
SoftSol India has a total shareholder equity of ₹1.8B and total debt of ₹86.2M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ₹2.1B and ₹305.7M respectively. SoftSol India's EBIT is ₹129.6M making its interest coverage ratio 103.5. It has cash and short-term investments of ₹1.4B.
Key information
4.9%
Debt to equity ratio
₹86.23m
Debt
| Interest coverage ratio | 103.5x |
| Cash | ₹1.38b |
| Equity | ₹1.75b |
| Total liabilities | ₹305.71m |
| Total assets | ₹2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532344's short term assets (₹1.5B) exceed its short term liabilities (₹151.7M).
Long Term Liabilities: 532344's short term assets (₹1.5B) exceed its long term liabilities (₹154.0M).
Debt to Equity History and Analysis
Debt Level: 532344 has more cash than its total debt.
Reducing Debt: 532344's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: 532344's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 532344's interest payments on its debt are well covered by EBIT (103.5x coverage).