Advait Infratech Balance Sheet Health
Financial Health criteria checks 5/6
Advait Infratech has a total shareholder equity of ₹527.4M and total debt of ₹247.3M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are ₹1.3B and ₹778.1M respectively. Advait Infratech's EBIT is ₹265.9M making its interest coverage ratio 6.7. It has cash and short-term investments of ₹246.7M.
Key information
46.9%
Debt to equity ratio
₹247.28m
Debt
Interest coverage ratio | 6.7x |
Cash | ₹246.66m |
Equity | ₹527.41m |
Total liabilities | ₹778.14m |
Total assets | ₹1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543230's short term assets (₹905.7M) exceed its short term liabilities (₹533.0M).
Long Term Liabilities: 543230's short term assets (₹905.7M) exceed its long term liabilities (₹245.1M).
Debt to Equity History and Analysis
Debt Level: 543230's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 543230's debt to equity ratio has increased from 25.5% to 46.9% over the past 5 years.
Debt Coverage: 543230's debt is well covered by operating cash flow (53.1%).
Interest Coverage: 543230's interest payments on its debt are well covered by EBIT (6.7x coverage).