Alicon Castalloy Balance Sheet Health
Financial Health criteria checks 5/6
Alicon Castalloy has a total shareholder equity of ₹5.9B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are ₹13.4B and ₹7.5B respectively. Alicon Castalloy's EBIT is ₹1.4B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹39.3M.
Key information
56.6%
Debt to equity ratio
₹3.34b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹39.33m |
| Equity | ₹5.90b |
| Total liabilities | ₹7.47b |
| Total assets | ₹13.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531147's short term assets (₹7.4B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 531147's short term assets (₹7.4B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 531147's net debt to equity ratio (56%) is considered high.
Reducing Debt: 531147's debt to equity ratio has reduced from 95.6% to 56.6% over the past 5 years.
Debt Coverage: 531147's debt is well covered by operating cash flow (50.1%).
Interest Coverage: 531147's interest payments on its debt are well covered by EBIT (3.5x coverage).