Olatech Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Olatech Solutions has a total shareholder equity of ₹56.5M and total debt of ₹2.7M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹72.1M and ₹15.7M respectively. Olatech Solutions's EBIT is ₹24.5M making its interest coverage ratio 58.7. It has cash and short-term investments of ₹16.7M.
Key information
4.7%
Debt to equity ratio
₹2.68m
Debt
| Interest coverage ratio | 58.7x |
| Cash | ₹16.75m |
| Equity | ₹56.46m |
| Total liabilities | ₹15.66m |
| Total assets | ₹72.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543578's short term assets (₹63.9M) exceed its short term liabilities (₹13.0M).
Long Term Liabilities: 543578's short term assets (₹63.9M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: 543578 has more cash than its total debt.
Reducing Debt: 543578's debt to equity ratio has increased from 0.02% to 4.7% over the past 5 years.
Debt Coverage: Insufficient data to determine if 543578's debt is well covered by operating cash flow.
Interest Coverage: 543578's interest payments on its debt are well covered by EBIT (58.7x coverage).