Asian Granito India Balance Sheet Health
Financial Health criteria checks 4/6
Asian Granito India has a total shareholder equity of ₹12.8B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₹18.8B and ₹6.0B respectively. Asian Granito India's EBIT is ₹12.1M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹481.4M.
Key information
16.1%
Debt to equity ratio
₹2.07b
Debt
| Interest coverage ratio | 0.07x |
| Cash | ₹481.39m |
| Equity | ₹12.85b |
| Total liabilities | ₹5.97b |
| Total assets | ₹18.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532888's short term assets (₹10.8B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 532888's short term assets (₹10.8B) exceed its long term liabilities (₹806.8M).
Debt to Equity History and Analysis
Debt Level: 532888's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 532888's debt to equity ratio has reduced from 62.1% to 16.1% over the past 5 years.
Debt Coverage: 532888's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 532888's interest payments on its debt are not well covered by EBIT (0.1x coverage).