Corporate Courier and Cargo Balance Sheet Health

Financial Health criteria checks 2/6

Corporate Courier and Cargo has a total shareholder equity of ₹5.3M and total debt of ₹3.1M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ₹13.5M and ₹8.2M respectively.

Key information

58.9%

Debt to equity ratio

₹3.12m

Debt

Interest coverage ratio	n/a
Cash	₹206.00k
Equity	₹5.29m
Total liabilities	₹8.16m
Total assets	₹13.45m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 526737's short term assets (₹13.5M) exceed its short term liabilities (₹8.0M).

Long Term Liabilities: 526737's short term assets (₹13.5M) exceed its long term liabilities (₹114.0K).

Debt to Equity History and Analysis

Debt Level: 526737's net debt to equity ratio (55%) is considered high.

Reducing Debt: 526737's debt to equity ratio has increased from 0% to 58.9% over the past 5 years.

Debt Coverage: Insufficient data to determine if 526737's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if 526737's interest payments on its debt are well covered by EBIT.

Corporate Courier and Cargo Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Recent updates

New major risk - Financial data availability

New minor risk - Financial data availability

Corporate Courier and Cargo Limited Appoints Sukant Dole as Additional Director (Executive)

New major risk - Share price stability

Third quarter 2023 earnings released

Corporate Courier and Cargo Limited to Report Q3, 2023 Results on Feb 14, 2023

First half 2023 earnings released: ₹0.05 loss per share (vs ₹0.16 profit in 1H 2022)

Corporate Courier and Cargo Limited to Report Q2, 2023 Results on Nov 12, 2022

Corporate Courier and Cargo Limited Announces Resignation of Ms. Ruchita Prabhulal Jais, Company Secretary & Compliance Officer on 30th October, 2022

Corporate Courier and Cargo Limited, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: ₹0.02 loss per share (vs ₹0.01 profit in 1Q 2022)

Corporate Courier and Cargo Limited to Report Q1, 2023 Results on Aug 13, 2022

Full year 2022 earnings released: ₹0.07 loss per share (vs ₹0.37 profit in FY 2021)

Corporate Courier and Cargo Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Independent Non-Executive Director Pratik Mehta has left the company

Independent Non-Executive Women Director Meena Mistry has left the company

Full year 2021 earnings released: EPS ₹0.37 (vs ₹0.002 loss in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: ₹0.004 loss per share (vs ₹0.02 profit in 3Q 2020)

Corporate Courier and Cargo Limited to Report Q3, 2021 Results on Feb 13, 2021

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Corporate Courier and Cargo Limited to Report Q2, 2021 Results on Nov 12, 2020

New 90-day high: ₹3.75

First quarter earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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