AccelerateBS India Balance Sheet Health
Financial Health criteria checks 5/6
AccelerateBS India has a total shareholder equity of ₹40.4M and total debt of ₹224.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹47.2M and ₹6.9M respectively. AccelerateBS India's EBIT is ₹14.9M making its interest coverage ratio 531.6. It has cash and short-term investments of ₹21.1M.
Key information
0.6%
Debt to equity ratio
₹224.00k
Debt
| Interest coverage ratio | 531.6x |
| Cash | ₹21.12m |
| Equity | ₹40.37m |
| Total liabilities | ₹6.88m |
| Total assets | ₹47.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543938's short term assets (₹42.2M) exceed its short term liabilities (₹3.6M).
Long Term Liabilities: 543938's short term assets (₹42.2M) exceed its long term liabilities (₹3.3M).
Debt to Equity History and Analysis
Debt Level: 543938 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543938's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543938's debt is well covered by operating cash flow (3229.9%).
Interest Coverage: 543938's interest payments on its debt are well covered by EBIT (531.6x coverage).