3C IT Solutions and Telecoms (India) Balance Sheet Health
Financial Health criteria checks 2/6
3C IT Solutions and Telecoms (India) has a total shareholder equity of ₹41.0M and total debt of ₹134.0M, which brings its debt-to-equity ratio to 327%. Its total assets and total liabilities are ₹288.6M and ₹247.6M respectively. 3C IT Solutions and Telecoms (India)'s EBIT is ₹29.0M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹3.0M.
Key information
327.0%
Debt to equity ratio
₹133.98m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹3.00m |
Equity | ₹40.97m |
Total liabilities | ₹247.64m |
Total assets | ₹288.61m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 544190's short term assets (₹283.7M) exceed its short term liabilities (₹141.5M).
Long Term Liabilities: 544190's short term assets (₹283.7M) exceed its long term liabilities (₹106.1M).
Debt to Equity History and Analysis
Debt Level: 544190's net debt to equity ratio (319.7%) is considered high.
Reducing Debt: Insufficient data to determine if 544190's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544190's interest payments on its debt are not well covered by EBIT (2.4x coverage).