Wherrelz IT Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Wherrelz IT Solutions has a total shareholder equity of ₹16.8M and total debt of ₹385.7M, which brings its debt-to-equity ratio to 2293.9%. Its total assets and total liabilities are ₹549.8M and ₹533.0M respectively. Wherrelz IT Solutions's EBIT is ₹3.8M making its interest coverage ratio -14.1. It has cash and short-term investments of ₹2.4M.
Key information
2,293.9%
Debt to equity ratio
₹385.65m
Debt
| Interest coverage ratio | -14.1x |
| Cash | ₹2.40m |
| Equity | ₹16.81m |
| Total liabilities | ₹532.98m |
| Total assets | ₹549.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543436's short term assets (₹549.4M) exceed its short term liabilities (₹532.4M).
Long Term Liabilities: 543436's short term assets (₹549.4M) exceed its long term liabilities (₹597.7K).
Debt to Equity History and Analysis
Debt Level: 543436's net debt to equity ratio (2279.6%) is considered high.
Reducing Debt: 543436's debt to equity ratio has increased from 7.8% to 2293.9% over the past 5 years.
Debt Coverage: 543436's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543436 earns more interest than it pays, so coverage of interest payments is not a concern.