Alfred Herbert (India) Balance Sheet Health
Financial Health criteria checks 6/6
Alfred Herbert (India) has a total shareholder equity of ₹1.1B and total debt of ₹1.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹1.1B and ₹58.0M respectively. Alfred Herbert (India)'s EBIT is ₹5.2M making its interest coverage ratio 12.6. It has cash and short-term investments of ₹667.3M.
Key information
0.2%
Debt to equity ratio
₹1.85m
Debt
Interest coverage ratio | 12.6x |
Cash | ₹667.29m |
Equity | ₹1.05b |
Total liabilities | ₹58.03m |
Total assets | ₹1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505216's short term assets (₹677.5M) exceed its short term liabilities (₹4.2M).
Long Term Liabilities: 505216's short term assets (₹677.5M) exceed its long term liabilities (₹53.9M).
Debt to Equity History and Analysis
Debt Level: 505216 has more cash than its total debt.
Reducing Debt: 505216's debt to equity ratio has reduced from 2% to 0.2% over the past 5 years.
Debt Coverage: 505216's debt is well covered by operating cash flow (258.8%).
Interest Coverage: 505216's interest payments on its debt are well covered by EBIT (12.6x coverage).