Ashoka Buildcon Balance Sheet Health
Financial Health criteria checks 4/6
Ashoka Buildcon has a total shareholder equity of ₹30.4B and total debt of ₹55.4B, which brings its debt-to-equity ratio to 181.8%. Its total assets and total liabilities are ₹192.4B and ₹161.9B respectively. Ashoka Buildcon's EBIT is ₹23.7B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹5.4B.
Key information
181.8%
Debt to equity ratio
₹55.36b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹5.35b |
| Equity | ₹30.45b |
| Total liabilities | ₹161.94b |
| Total assets | ₹192.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533271's short term assets (₹110.1B) exceed its short term liabilities (₹85.5B).
Long Term Liabilities: 533271's short term assets (₹110.1B) exceed its long term liabilities (₹76.5B).
Debt to Equity History and Analysis
Debt Level: 533271's net debt to equity ratio (164.3%) is considered high.
Reducing Debt: 533271's debt to equity ratio has reduced from 1451.1% to 181.8% over the past 5 years.
Debt Coverage: 533271's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 533271's interest payments on its debt are well covered by EBIT (3.5x coverage).