Aartech Solonics Balance Sheet Health
Financial Health criteria checks 4/6
Aartech Solonics has a total shareholder equity of ₹301.5M and total debt of ₹33.1M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹425.9M and ₹124.4M respectively. Aartech Solonics's EBIT is ₹13.8M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹98.4M.
Key information
11.0%
Debt to equity ratio
₹33.06m
Debt
Interest coverage ratio | -2.5x |
Cash | ₹98.43m |
Equity | ₹301.53m |
Total liabilities | ₹124.40m |
Total assets | ₹425.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542580's short term assets (₹312.1M) exceed its short term liabilities (₹118.4M).
Long Term Liabilities: 542580's short term assets (₹312.1M) exceed its long term liabilities (₹6.0M).
Debt to Equity History and Analysis
Debt Level: 542580 has more cash than its total debt.
Reducing Debt: 542580's debt to equity ratio has increased from 3.5% to 11% over the past 5 years.
Debt Coverage: 542580's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542580 earns more interest than it pays, so coverage of interest payments is not a concern.