Atam Valves Balance Sheet Health
Financial Health criteria checks 6/6
Atam Valves has a total shareholder equity of ₹310.4M and total debt of ₹126.0M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ₹497.7M and ₹187.3M respectively. Atam Valves's EBIT is ₹91.5M making its interest coverage ratio 8. It has cash and short-term investments of ₹102.0M.
Key information
40.6%
Debt to equity ratio
₹125.97m
Debt
Interest coverage ratio | 8x |
Cash | ₹101.96m |
Equity | ₹310.45m |
Total liabilities | ₹187.27m |
Total assets | ₹497.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543236's short term assets (₹463.7M) exceed its short term liabilities (₹177.4M).
Long Term Liabilities: 543236's short term assets (₹463.7M) exceed its long term liabilities (₹9.9M).
Debt to Equity History and Analysis
Debt Level: 543236's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 543236's debt to equity ratio has reduced from 245.8% to 40.6% over the past 5 years.
Debt Coverage: 543236's debt is well covered by operating cash flow (44.3%).
Interest Coverage: 543236's interest payments on its debt are well covered by EBIT (8x coverage).