Ashoka Buildcon Balance Sheet Health
Financial Health criteria checks 4/6
Ashoka Buildcon has a total shareholder equity of ₹21.7B and total debt of ₹22.5B, which brings its debt-to-equity ratio to 103.8%. Its total assets and total liabilities are ₹178.0B and ₹156.3B respectively. Ashoka Buildcon's EBIT is ₹18.0B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹3.5B.
Key information
103.8%
Debt to equity ratio
₹22.49b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹3.47b |
Equity | ₹21.66b |
Total liabilities | ₹156.30b |
Total assets | ₹177.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533271's short term assets (₹162.1B) exceed its short term liabilities (₹139.2B).
Long Term Liabilities: 533271's short term assets (₹162.1B) exceed its long term liabilities (₹17.1B).
Debt to Equity History and Analysis
Debt Level: 533271's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: 533271's debt to equity ratio has reduced from 1428.8% to 103.8% over the past 5 years.
Debt Coverage: 533271's debt is well covered by operating cash flow (51.4%).
Interest Coverage: 533271's interest payments on its debt are not well covered by EBIT (2.3x coverage).