AVI Products India Balance Sheet Health
Financial Health criteria checks 4/6
AVI Products India has a total shareholder equity of ₹69.3M and total debt of ₹6.5M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ₹77.7M and ₹8.3M respectively. AVI Products India's EBIT is ₹4.4M making its interest coverage ratio -6.4. It has cash and short-term investments of ₹30.2M.
Key information
9.4%
Debt to equity ratio
₹6.50m
Debt
Interest coverage ratio | -6.4x |
Cash | ₹30.22m |
Equity | ₹69.34m |
Total liabilities | ₹8.35m |
Total assets | ₹77.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523896's short term assets (₹65.3M) exceed its short term liabilities (₹8.3M).
Long Term Liabilities: 523896 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523896 has more cash than its total debt.
Reducing Debt: 523896's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: 523896's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523896 earns more interest than it pays, so coverage of interest payments is not a concern.