Alicon Castalloy Balance Sheet Health
Financial Health criteria checks 4/6
Alicon Castalloy has a total shareholder equity of ₹5.1B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are ₹11.4B and ₹6.4B respectively. Alicon Castalloy's EBIT is ₹992.2M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹71.4M.
Key information
61.5%
Debt to equity ratio
₹3.14b
Debt
Interest coverage ratio | 2.7x |
Cash | ₹71.44m |
Equity | ₹5.10b |
Total liabilities | ₹6.35b |
Total assets | ₹11.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531147's short term assets (₹6.5B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 531147's short term assets (₹6.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 531147's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 531147's debt to equity ratio has reduced from 102.5% to 61.5% over the past 5 years.
Debt Coverage: 531147's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 531147's interest payments on its debt are not well covered by EBIT (2.7x coverage).