Micropro Software Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Micropro Software Solutions has a total shareholder equity of ₹474.5M and total debt of ₹39.2M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹552.7M and ₹78.2M respectively. Micropro Software Solutions's EBIT is ₹51.5M making its interest coverage ratio 10. It has cash and short-term investments of ₹227.6M.
Key information
8.3%
Debt to equity ratio
₹39.20m
Debt
| Interest coverage ratio | 10x |
| Cash | ₹227.62m |
| Equity | ₹474.55m |
| Total liabilities | ₹78.16m |
| Total assets | ₹552.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MICROPRO's short term assets (₹427.3M) exceed its short term liabilities (₹70.6M).
Long Term Liabilities: MICROPRO's short term assets (₹427.3M) exceed its long term liabilities (₹7.6M).
Debt to Equity History and Analysis
Debt Level: MICROPRO has more cash than its total debt.
Reducing Debt: MICROPRO's debt to equity ratio has reduced from 19.9% to 8.3% over the past 5 years.
Debt Coverage: MICROPRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MICROPRO's interest payments on its debt are well covered by EBIT (10x coverage).