Amforge Industries Balance Sheet Health
Financial Health criteria checks 4/6
Amforge Industries has a total shareholder equity of ₹125.9M and total debt of ₹12.1M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₹176.3M and ₹50.5M respectively.
Key information
9.6%
Debt to equity ratio
₹12.10m
Debt
Interest coverage ratio | n/a |
Cash | ₹6.66m |
Equity | ₹125.86m |
Total liabilities | ₹50.47m |
Total assets | ₹176.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513117's short term assets (₹70.1M) exceed its short term liabilities (₹16.0M).
Long Term Liabilities: 513117's short term assets (₹70.1M) exceed its long term liabilities (₹34.5M).
Debt to Equity History and Analysis
Debt Level: 513117's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 513117's debt to equity ratio has reduced from 34% to 9.6% over the past 5 years.
Debt Coverage: 513117's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 513117's interest payments on its debt are well covered by EBIT.