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
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 09Alicon Castalloy (NSE:ALICON) Seems To Be Using A Lot Of Debt
Jan 16These 4 Measures Indicate That Alicon Castalloy (NSE:ALICON) Is Using Debt Extensively
Sep 26Recent updates
Returns 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 11Alicon Castalloy (NSE:ALICON) Seems To Be Using A Lot Of Debt
Jan 16What Type Of Returns Would Alicon Castalloy's(NSE:ALICON) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 21
Will Alicon Castalloy (NSE:ALICON) Multiply In Value Going Forward?
Nov 23Is Alicon Castalloy Limited (NSE:ALICON) A Strong Dividend Stock?
Oct 28These 4 Measures Indicate That Alicon Castalloy (NSE:ALICON) Is Using Debt Extensively
Sep 26Reflecting on Alicon Castalloy's (NSE:ALICON) Share Price Returns Over The Last Three Years
Aug 30The Trends At Alicon Castalloy (NSE:ALICON) That You Should Know About
Aug 04How Does Alicon Castalloy Limited (NSE:ALICON) Stand Up To These Simple Dividend Safety Checks?
Jun 23Financial Position Analysis
Short Term Liabilities: ALICON's short term assets (₹6.5B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: ALICON's short term assets (₹6.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: ALICON's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: ALICON's debt to equity ratio has reduced from 102.5% to 61.5% over the past 5 years.
Debt Coverage: ALICON's debt is well covered by operating cash flow (42.6%).
Interest Coverage: ALICON's interest payments on its debt are not well covered by EBIT (2.7x coverage).