A-1 Acid Balance Sheet Health
Financial Health criteria checks 6/6
A-1 Acid has a total shareholder equity of ₹468.2M and total debt of ₹61.4M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹574.3M and ₹106.1M respectively. A-1 Acid's EBIT is ₹29.8M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹39.5M.
Key information
13.1%
Debt to equity ratio
₹61.44m
Debt
Interest coverage ratio | 4.9x |
Cash | ₹39.48m |
Equity | ₹468.20m |
Total liabilities | ₹106.11m |
Total assets | ₹574.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542012's short term assets (₹370.4M) exceed its short term liabilities (₹65.2M).
Long Term Liabilities: 542012's short term assets (₹370.4M) exceed its long term liabilities (₹40.9M).
Debt to Equity History and Analysis
Debt Level: 542012's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 542012's debt to equity ratio has reduced from 51.3% to 13.1% over the past 5 years.
Debt Coverage: 542012's debt is well covered by operating cash flow (361.5%).
Interest Coverage: 542012's interest payments on its debt are well covered by EBIT (4.9x coverage).