Canarys Automations Balance Sheet Health
Financial Health criteria checks 4/6
Canarys Automations has a total shareholder equity of ₹815.6M and total debt of ₹85.8M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹1.1B and ₹295.2M respectively. Canarys Automations's EBIT is ₹120.3M making its interest coverage ratio -61.6. It has cash and short-term investments of ₹208.5M.
Key information
10.5%
Debt to equity ratio
₹85.85m
Debt
| Interest coverage ratio | -61.6x |
| Cash | ₹208.52m |
| Equity | ₹815.57m |
| Total liabilities | ₹295.23m |
| Total assets | ₹1.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CANARYS's short term assets (₹1.0B) exceed its short term liabilities (₹292.0M).
Long Term Liabilities: CANARYS's short term assets (₹1.0B) exceed its long term liabilities (₹3.2M).
Debt to Equity History and Analysis
Debt Level: CANARYS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CANARYS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CANARYS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CANARYS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Canarys Automations Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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