Melstar Information Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Melstar Information Technologies has a total shareholder equity of ₹83.1M and total debt of ₹10.7M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are ₹98.5M and ₹15.5M respectively.
Key information
12.9%
Debt to equity ratio
₹10.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.63m |
| Equity | ₹83.07m |
| Total liabilities | ₹15.46m |
| Total assets | ₹98.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELSTAR's short term assets (₹98.5M) exceed its short term liabilities (₹14.8M).
Long Term Liabilities: MELSTAR's short term assets (₹98.5M) exceed its long term liabilities (₹706.0K).
Debt to Equity History and Analysis
Debt Level: MELSTAR's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: MELSTAR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MELSTAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MELSTAR's interest payments on its debt are well covered by EBIT.