Anand Projects Balance Sheet Health
Financial Health criteria checks 2/6
Anand Projects has a total shareholder equity of ₹96.5M and total debt of ₹115.2M, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are ₹548.2M and ₹451.6M respectively.
Key information
119.4%
Debt to equity ratio
₹115.24m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹7.93m |
| Equity | ₹96.53m |
| Total liabilities | ₹451.63m |
| Total assets | ₹548.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501630's short term assets (₹129.3M) do not cover its short term liabilities (₹450.9M).
Long Term Liabilities: 501630's short term assets (₹129.3M) exceed its long term liabilities (₹728.0K).
Debt to Equity History and Analysis
Debt Level: 501630's net debt to equity ratio (111.2%) is considered high.
Reducing Debt: 501630's debt to equity ratio has increased from 0% to 119.4% over the past 5 years.
Debt Coverage: 501630's debt is well covered by operating cash flow (39.3%).
Interest Coverage: Insufficient data to determine if 501630's interest payments on its debt are well covered by EBIT.