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
These 4 Measures Indicate That Alicon Castalloy (NSE:ALICON) Is Using Debt Extensively
Jan 11
Is Alicon Castalloy (NSE:ALICON) A Risky Investment?
Feb 25Is Alicon Castalloy (NSE:ALICON) Using Too Much Debt?
May 09Recent updates
Returns On Capital Signal Tricky Times Ahead For Alicon Castalloy (NSE:ALICON)
Nov 14Alicon Castalloy (NSE:ALICON) Is Paying Out A Larger Dividend Than Last Year
Sep 06What Does Alicon Castalloy Limited's (NSE:ALICON) Share Price Indicate?
Aug 28Subdued Growth No Barrier To Alicon Castalloy Limited (NSE:ALICON) With Shares Advancing 26%
Jun 08Alicon Castalloy's (NSE:ALICON) Dividend Will Be Increased To ₹6.00
May 22Returns On Capital Signal Tricky Times Ahead For Alicon Castalloy (NSE:ALICON)
Mar 14These 4 Measures Indicate That Alicon Castalloy (NSE:ALICON) Is Using Debt Extensively
Jan 11Alicon Castalloy's (NSE:ALICON) Upcoming Dividend Will Be Larger Than Last Year's
Aug 31We Ran A Stock Scan For Earnings Growth And Alicon Castalloy (NSE:ALICON) Passed With Ease
Jul 04Capital Allocation Trends At Alicon Castalloy (NSE:ALICON) Aren't Ideal
Apr 13Here's What's Concerning About Alicon Castalloy's (NSE:ALICON) Returns On Capital
Sep 07Why Alicon Castalloy Limited (NSE:ALICON) Could Be Worth Watching
Jun 28Is Alicon Castalloy (NSE:ALICON) A Risky Investment?
Feb 25Investors Shouldn't Be Too Comfortable With Alicon Castalloy's (NSE:ALICON) Robust Earnings
Nov 18Returns On Capital Signal Tricky Times Ahead For Alicon Castalloy (NSE:ALICON)
Jun 13Is Alicon Castalloy (NSE:ALICON) Using Too Much Debt?
May 09The Trends At Alicon Castalloy (NSE:ALICON) That You Should Know About
Mar 10Is Alicon Castalloy Limited's (NSE:ALICON) 0.3% Dividend Sustainable?
Feb 11Financial Position Analysis
Short Term Liabilities: ALICON's short term assets (₹7.4B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: ALICON's short term assets (₹7.4B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: ALICON's net debt to equity ratio (56%) is considered high.
Reducing Debt: ALICON's debt to equity ratio has reduced from 95.6% to 56.6% over the past 5 years.
Debt Coverage: ALICON's debt is well covered by operating cash flow (50.1%).
Interest Coverage: ALICON's interest payments on its debt are well covered by EBIT (3.5x coverage).