AIK Pipes and Polymers Balance Sheet Health
Financial Health criteria checks 4/6
AIK Pipes and Polymers has a total shareholder equity of ₹219.2M and total debt of ₹51.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ₹323.9M and ₹104.6M respectively. AIK Pipes and Polymers's EBIT is ₹43.8M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹4.9M.
Key information
23.3%
Debt to equity ratio
₹51.01m
Debt
| Interest coverage ratio | 8.2x |
| Cash | ₹4.86m |
| Equity | ₹219.24m |
| Total liabilities | ₹104.62m |
| Total assets | ₹323.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544072's short term assets (₹277.3M) exceed its short term liabilities (₹91.1M).
Long Term Liabilities: 544072's short term assets (₹277.3M) exceed its long term liabilities (₹13.5M).
Debt to Equity History and Analysis
Debt Level: 544072's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544072's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544072's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544072's interest payments on its debt are well covered by EBIT (8.2x coverage).