Astral Balance Sheet Health
Financial Health criteria checks 6/6
Astral has a total shareholder equity of ₹30.9B and total debt of ₹978.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₹43.3B and ₹12.4B respectively. Astral's EBIT is ₹7.5B making its interest coverage ratio 19.2. It has cash and short-term investments of ₹5.3B.
Key information
3.2%
Debt to equity ratio
₹978.00m
Debt
Interest coverage ratio | 19.2x |
Cash | ₹5.33b |
Equity | ₹30.93b |
Total liabilities | ₹12.35b |
Total assets | ₹43.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532830's short term assets (₹19.7B) exceed its short term liabilities (₹11.5B).
Long Term Liabilities: 532830's short term assets (₹19.7B) exceed its long term liabilities (₹839.0M).
Debt to Equity History and Analysis
Debt Level: 532830 has more cash than its total debt.
Reducing Debt: 532830's debt to equity ratio has reduced from 19.5% to 3.2% over the past 5 years.
Debt Coverage: 532830's debt is well covered by operating cash flow (659.4%).
Interest Coverage: 532830's interest payments on its debt are well covered by EBIT (19.2x coverage).