Asian Granito India Balance Sheet Health
Financial Health criteria checks 5/6
Asian Granito India has a total shareholder equity of ₹12.9B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹19.9B and ₹7.0B respectively.
Key information
20.5%
Debt to equity ratio
₹2.66b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.39b |
| Equity | ₹12.95b |
| Total liabilities | ₹6.99b |
| Total assets | ₹19.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532888's short term assets (₹11.5B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 532888's short term assets (₹11.5B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 532888's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 532888's debt to equity ratio has reduced from 70.4% to 20.5% over the past 5 years.
Debt Coverage: 532888's debt is well covered by operating cash flow (51.3%).
Interest Coverage: Insufficient data to determine if 532888's interest payments on its debt are well covered by EBIT.