Adarsh Plant Protect Balance Sheet Health
Financial Health criteria checks 3/6
Adarsh Plant Protect has a total shareholder equity of ₹10.7M and total debt of ₹48.7M, which brings its debt-to-equity ratio to 454.8%. Its total assets and total liabilities are ₹86.3M and ₹75.6M respectively. Adarsh Plant Protect's EBIT is ₹4.2M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹1.9M.
Key information
454.8%
Debt to equity ratio
₹48.71m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹1.90m |
Equity | ₹10.71m |
Total liabilities | ₹75.63m |
Total assets | ₹86.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526711's short term assets (₹78.3M) exceed its short term liabilities (₹46.7M).
Long Term Liabilities: 526711's short term assets (₹78.3M) exceed its long term liabilities (₹28.9M).
Debt to Equity History and Analysis
Debt Level: 526711's net debt to equity ratio (437.1%) is considered high.
Reducing Debt: 526711's debt to equity ratio has reduced from 718.4% to 454.8% over the past 5 years.
Debt Coverage: 526711's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 526711's interest payments on its debt are not well covered by EBIT (2.4x coverage).