CredAble: Balance Sheet
Balance Sheet highlights of CredAble and a snapshot of its key metrics.
- ₹19.0 LakhEquity Share Capital18%Prev FY
- ₹1.0 CrNon Current Liability158%Prev FY
- ₹11.4 CrCurrent Liability31%Prev FY
- ₹12.4 CrTotal Liability37%Prev FY
- ₹154.5 CrNon Current Assets105%Prev FY
- ₹63.2 CrCurrent Assets-31%Prev FY
CredAble Balance Sheet Table
FAQs On Financial Health Of CredAble
What were CredAble's total revenue and profit for the latest financial year?
For FY 2022-2023, CredAble reported a total revenue of ₹23.7 Cr and a profit after tax of ₹-22.4 Cr, showcasing its financial performance and profitability.
How does the balance sheet of CredAble reflect its financial stability?
As of FY 2022-2023, CredAble has total assets of ₹217.7 Cr, total liabilities of ₹12.4 Cr, and equity share capital of ₹19.0 Lakh, indicating its financial health and stability.
What insights can be gained from CredAble's cash flow management?
In FY 2022-2023, CredAble maintained a cash balance of ₹0.0, with cashflows from operations at ₹0.0, investing activities at ₹0.0, and financing activities at ₹0.0, reflecting its cash management strategies.
What do the key financial ratios of CredAble indicate?
For FY 2022-2023,CredAble achieved a net profit margin of -0.95%, earning per share of ₹-0.1, and a debt/equity ratio of 0.0, and a current ratio of 5.5, offering insights into its profitability, leverage, and liquidity.
How has CredAble's financial performance evolved compared to previous year?
Compared to the previous year, CredAble experienced a 183.71% increase in total revenue and a -238.01% increase in profit after tax, highlighting its growth and change in profitability.