ATV Projects India Balance Sheet Health
Financial Health criteria checks 5/6
ATV Projects India has a total shareholder equity of ₹2.0B and total debt of ₹524.2M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are ₹2.7B and ₹688.2M respectively. ATV Projects India's EBIT is ₹63.1M making its interest coverage ratio 631. It has cash and short-term investments of ₹32.5M.
Key information
26.4%
Debt to equity ratio
₹524.18m
Debt
Interest coverage ratio | 631x |
Cash | ₹32.46m |
Equity | ₹1.99b |
Total liabilities | ₹688.24m |
Total assets | ₹2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500028's short term assets (₹524.9M) exceed its short term liabilities (₹164.2M).
Long Term Liabilities: 500028's short term assets (₹524.9M) exceed its long term liabilities (₹524.1M).
Debt to Equity History and Analysis
Debt Level: 500028's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 500028's debt to equity ratio has reduced from 39.9% to 26.4% over the past 5 years.
Debt Coverage: 500028's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 500028's interest payments on its debt are well covered by EBIT (631x coverage).