Trust Fintech Balance Sheet Health
Financial Health criteria checks 6/6
Trust Fintech has a total shareholder equity of ₹271.9M and total debt of ₹-380.0K, which brings its debt-to-equity ratio to -0.1%. Its total assets and total liabilities are ₹311.9M and ₹40.0M respectively. Trust Fintech's EBIT is ₹53.0M making its interest coverage ratio -38. It has cash and short-term investments of ₹43.8M.
Key information
-0.1%
Debt to equity ratio
-₹380.00k
Debt
Interest coverage ratio | -38x |
Cash | ₹43.75m |
Equity | ₹271.86m |
Total liabilities | ₹40.03m |
Total assets | ₹311.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRUST's short term assets (₹138.0M) exceed its short term liabilities (₹39.9M).
Long Term Liabilities: TRUST's short term assets (₹138.0M) exceed its long term liabilities (₹123.0K).
Debt to Equity History and Analysis
Debt Level: TRUST is debt free.
Reducing Debt: TRUST has no debt compared to 5 years ago when its debt to equity ratio was 12.3%.
Debt Coverage: TRUST has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRUST has no debt, therefore coverage of interest payments is not a concern.