Trust Fintech Balance Sheet Health
Financial Health criteria checks 6/6
Trust Fintech has a total shareholder equity of ₹1.1B and total debt of ₹440.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹1.2B and ₹100.9M respectively. Trust Fintech's EBIT is ₹132.1M making its interest coverage ratio -96.3. It has cash and short-term investments of ₹611.7M.
Key information
0.04%
Debt to equity ratio
₹440.00k
Debt
| Interest coverage ratio | -96.3x |
| Cash | ₹611.73m |
| Equity | ₹1.06b |
| Total liabilities | ₹100.89m |
| Total assets | ₹1.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TRUST's short term assets (₹858.2M) exceed its short term liabilities (₹100.9M).
Long Term Liabilities: TRUST's short term assets (₹858.2M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: TRUST has more cash than its total debt.
Reducing Debt: TRUST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TRUST's debt is well covered by operating cash flow (27774.2%).
Interest Coverage: TRUST earns more interest than it pays, so coverage of interest payments is not a concern.