Advait Energy Transitions Balance Sheet Health
Financial Health criteria checks 4/6
Advait Energy Transitions has a total shareholder equity of ₹748.7M and total debt of ₹591.7M, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Advait Energy Transitions's EBIT is ₹379.1M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹429.7M.
Key information
79.0%
Debt to equity ratio
₹591.68m
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹429.72m |
| Equity | ₹748.73m |
| Total liabilities | ₹1.24b |
| Total assets | ₹1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543230's short term assets (₹1.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 543230's short term assets (₹1.4B) exceed its long term liabilities (₹181.7M).
Debt to Equity History and Analysis
Debt Level: 543230's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: 543230's debt to equity ratio has increased from 36.5% to 79% over the past 5 years.
Debt Coverage: 543230's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543230's interest payments on its debt are well covered by EBIT (5.8x coverage).