How has been the historical performance of Digitide Solutio?
Digitide Solutio has total assets and liabilities of 1,613.52 Cr as of December 2024, with shareholder's funds of 836.09 Cr and total reserves of 673.53 Cr. Despite a profit before tax of 139.00 Cr and positive operating cash flow of 234.00 Cr, the company experienced a net cash outflow of 32.00 Cr, ending with cash and cash equivalents of 136.00 Cr.
Answer:The historical performance of Digitide Solutio shows a consolidated balance sheet with total assets amounting to 1,613.52 Cr as of December 2024. The company reported total liabilities of 1,613.52 Cr, which includes long-term borrowings of 5.83 Cr and short-term borrowings of 56.19 Cr. Shareholder's funds stood at 836.09 Cr, with total reserves of 673.53 Cr. The cash flow results indicate a profit before tax of 139.00 Cr, with cash flow from operating activities at 234.00 Cr, but a net cash outflow of 32.00 Cr, leading to a closing cash and cash equivalent of 136.00 Cr.Breakdown:
Digitide Solutio's consolidated balance sheet reveals a total asset value of 1,613.52 Cr, which is matched by total liabilities of the same amount, indicating a balanced financial position. The company has shareholder's funds of 836.09 Cr and total reserves of 673.53 Cr, reflecting a solid equity base. On the cash flow front, the company generated a profit before tax of 139.00 Cr, with cash flow from operating activities amounting to 234.00 Cr. However, the company faced a net cash outflow of 32.00 Cr, resulting in a closing cash and cash equivalent of 136.00 Cr, suggesting challenges in cash management despite positive operating cash flow.
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