63 moons technologies Balance Sheet Health
Financial Health criteria checks 6/6
63 moons technologies has a total shareholder equity of ₹32.2B and total debt of ₹55.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹37.0B and ₹4.8B respectively. 63 moons technologies's EBIT is ₹1.5B making its interest coverage ratio -1.2. It has cash and short-term investments of ₹15.3B.
Key information
0.2%
Debt to equity ratio
₹55.21m
Debt
| Interest coverage ratio | -1.2x |
| Cash | ₹15.33b |
| Equity | ₹32.20b |
| Total liabilities | ₹4.83b |
| Total assets | ₹37.03b |
Recent financial health updates
We Think 63 moons technologies (NSE:FINANTECH) Can Afford To Drive Business Growth
Dec 31
We're Hopeful That 63 moons technologies (NSE:FINANTECH) Will Use Its Cash Wisely
Feb 03Here's Why We're Not Too Worried About 63 moons technologies' (NSE:FINANTECH) Cash Burn Situation
Aug 10We Think 63 moons technologies (NSE:FINANTECH) Can Afford To Drive Business Growth
Mar 13We're Not Very Worried About 63 moons technologies' (NSE:FINANTECH) Cash Burn Rate
Nov 16
Here's Why We're Watching 63 moons technologies' (NSE:FINANTECH) Cash Burn Situation
Aug 02Recent updates
Here's Why We Think 63 moons technologies (NSE:63MOONS) Is Well Worth Watching
Apr 08The Market Lifts 63 moons technologies limited (NSE:63MOONS) Shares 26% But It Can Do More
Feb 24Slammed 28% 63 moons technologies limited (NSE:63MOONS) Screens Well Here But There Might Be A Catch
Jan 07The Compensation For 63 moons technologies limited's (NSE:63MOONS) CEO Looks Deserved And Here's Why
Sep 21We Think 63 moons technologies (NSE:FINANTECH) Can Afford To Drive Business Growth
Dec 31We're Hopeful That 63 moons technologies (NSE:FINANTECH) Will Use Its Cash Wisely
Feb 03Here's Why We're Not Too Worried About 63 moons technologies' (NSE:FINANTECH) Cash Burn Situation
Aug 10Does 63 moons technologies limited (NSE:FINANTECH) Have A Place In Your Dividend Stock Portfolio?
Apr 17We Think 63 moons technologies (NSE:FINANTECH) Can Afford To Drive Business Growth
Mar 13Would Shareholders Who Purchased 63 moons technologies' (NSE:FINANTECH) Stock Year Be Happy With The Share price Today?
Feb 06Are Dividend Investors Making A Mistake With 63 moons technologies limited (NSE:FINANTECH)?
Dec 31Here's Why We're Wary Of Buying 63 moons technologies' (NSE:FINANTECH) For Its Upcoming Dividend
Nov 26We're Not Very Worried About 63 moons technologies' (NSE:FINANTECH) Cash Burn Rate
Nov 16Should 63 moons technologies limited (NSE:FINANTECH) Be Part Of Your Income Portfolio?
Sep 24Here's Why We're Watching 63 moons technologies' (NSE:FINANTECH) Cash Burn Situation
Aug 02Financial Position Analysis
Short Term Liabilities: 63MOONS's short term assets (₹16.5B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 63MOONS's short term assets (₹16.5B) exceed its long term liabilities (₹221.5M).
Debt to Equity History and Analysis
Debt Level: 63MOONS has more cash than its total debt.
Reducing Debt: 63MOONS's debt to equity ratio has reduced from 0.9% to 0.2% over the past 5 years.
Debt Coverage: 63MOONS's debt is well covered by operating cash flow (4390%).
Interest Coverage: 63MOONS earns more interest than it pays, so coverage of interest payments is not a concern.