Fidel Softech Balance Sheet Health
Financial Health criteria checks 6/6
Fidel Softech has a total shareholder equity of ₹404.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹486.4M and ₹81.7M respectively. Fidel Softech's EBIT is ₹97.2M making its interest coverage ratio -17.2. It has cash and short-term investments of ₹240.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -17.2x |
| Cash | ₹240.01m |
| Equity | ₹404.68m |
| Total liabilities | ₹81.70m |
| Total assets | ₹486.38m |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Fidel Softech (NSE:FIDEL) Presents An Opportunity
Nov 09
Here's Why We Think Fidel Softech (NSE:FIDEL) Is Well Worth Watching
Jul 05There's No Escaping Fidel Softech Limited's (NSE:FIDEL) Muted Earnings Despite A 27% Share Price Rise
Apr 14A Look At The Intrinsic Value Of Fidel Softech Limited (NSE:FIDEL)
Jan 11Here's Why Fidel Softech (NSE:FIDEL) Has Caught The Eye Of Investors
Sep 07Optimistic Investors Push Fidel Softech Limited (NSE:FIDEL) Shares Up 30% But Growth Is Lacking
Sep 11Financial Position Analysis
Short Term Liabilities: FIDEL's short term assets (₹425.4M) exceed its short term liabilities (₹61.5M).
Long Term Liabilities: FIDEL's short term assets (₹425.4M) exceed its long term liabilities (₹20.2M).
Debt to Equity History and Analysis
Debt Level: FIDEL is debt free.
Reducing Debt: FIDEL has no debt compared to 5 years ago when its debt to equity ratio was 11.3%.
Debt Coverage: FIDEL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FIDEL has no debt, therefore coverage of interest payments is not a concern.