Wherrelz IT Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Wherrelz IT Solutions has a total shareholder equity of ₹14.2M and total debt of ₹384.8M, which brings its debt-to-equity ratio to 2706.6%. Its total assets and total liabilities are ₹399.7M and ₹385.4M respectively.
Key information
2,706.6%
Debt to equity ratio
₹384.75m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.44m |
| Equity | ₹14.22m |
| Total liabilities | ₹385.44m |
| Total assets | ₹399.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543436's short term assets (₹399.1M) exceed its short term liabilities (₹385.2M).
Long Term Liabilities: 543436's short term assets (₹399.1M) exceed its long term liabilities (₹247.7K).
Debt to Equity History and Analysis
Debt Level: 543436's net debt to equity ratio (2675.4%) is considered high.
Reducing Debt: 543436's debt to equity ratio has increased from 3% to 2706.6% over the past 5 years.
Debt Coverage: 543436's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543436's interest payments on its debt are well covered by EBIT.