Cellecor Gadgets Balance Sheet Health
Financial Health criteria checks 4/6
Cellecor Gadgets has a total shareholder equity of ₹808.6M and total debt of ₹411.1M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are ₹1.5B and ₹655.8M respectively. Cellecor Gadgets's EBIT is ₹204.8M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹384.0M.
Key information
50.8%
Debt to equity ratio
₹411.12m
Debt
Interest coverage ratio | 4.8x |
Cash | ₹384.02m |
Equity | ₹808.62m |
Total liabilities | ₹655.76m |
Total assets | ₹1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CELLECOR's short term assets (₹1.5B) exceed its short term liabilities (₹547.3M).
Long Term Liabilities: CELLECOR's short term assets (₹1.5B) exceed its long term liabilities (₹108.5M).
Debt to Equity History and Analysis
Debt Level: CELLECOR's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CELLECOR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CELLECOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CELLECOR's interest payments on its debt are well covered by EBIT (4.8x coverage).