Ambition Mica Balance Sheet Health
Financial Health criteria checks 0/6
Ambition Mica has a total shareholder equity of ₹-125.0M and total debt of ₹329.2M, which brings its debt-to-equity ratio to -263.4%. Its total assets and total liabilities are ₹345.5M and ₹470.5M respectively. Ambition Mica's EBIT is ₹8.8M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹195.0K.
Key information
-263.4%
Debt to equity ratio
₹329.19m
Debt
Interest coverage ratio | 0.4x |
Cash | ₹195.00k |
Equity | -₹124.96m |
Total liabilities | ₹470.47m |
Total assets | ₹345.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539223 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 539223 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539223 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 539223's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 539223's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539223's interest payments on its debt are not well covered by EBIT (0.4x coverage).