Afcons Infrastructure Balance Sheet Health
Financial Health criteria checks 3/6
Afcons Infrastructure has a total shareholder equity of ₹36.8B and total debt of ₹33.7B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are ₹171.8B and ₹135.0B respectively. Afcons Infrastructure's EBIT is ₹9.1B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹8.5B.
Key information
91.3%
Debt to equity ratio
₹33.65b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹8.48b |
| Equity | ₹36.85b |
| Total liabilities | ₹135.00b |
| Total assets | ₹171.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFCONS's short term assets (₹119.5B) exceed its short term liabilities (₹104.6B).
Long Term Liabilities: AFCONS's short term assets (₹119.5B) exceed its long term liabilities (₹30.4B).
Debt to Equity History and Analysis
Debt Level: AFCONS's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: AFCONS's debt to equity ratio has increased from 79.6% to 91.3% over the past 5 years.
Debt Coverage: AFCONS's debt is well covered by operating cash flow (24.6%).
Interest Coverage: AFCONS's interest payments on its debt are not well covered by EBIT (2.9x coverage).