Mindpool Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Mindpool Technologies has a total shareholder equity of ₹181.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹248.2M and ₹66.5M respectively. Mindpool Technologies's EBIT is ₹1.2M making its interest coverage ratio -0.8. It has cash and short-term investments of ₹15.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -0.8x |
| Cash | ₹15.72m |
| Equity | ₹181.68m |
| Total liabilities | ₹66.50m |
| Total assets | ₹248.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINDPOOL's short term assets (₹220.2M) exceed its short term liabilities (₹66.5M).
Long Term Liabilities: MINDPOOL's short term assets (₹220.2M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: MINDPOOL is debt free.
Reducing Debt: MINDPOOL had no debt 5 years ago.
Debt Coverage: MINDPOOL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MINDPOOL has no debt, therefore coverage of interest payments is not a concern.