Akanksha Power and Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Akanksha Power and Infrastructure has a total shareholder equity of ₹159.6M and total debt of ₹152.8M, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are ₹476.3M and ₹316.7M respectively. Akanksha Power and Infrastructure's EBIT is ₹50.1M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹41.7M.
Key information
95.7%
Debt to equity ratio
₹152.77m
Debt
Interest coverage ratio | 4.9x |
Cash | ₹41.71m |
Equity | ₹159.59m |
Total liabilities | ₹316.67m |
Total assets | ₹476.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKANKSHA's short term assets (₹330.4M) exceed its short term liabilities (₹240.3M).
Long Term Liabilities: AKANKSHA's short term assets (₹330.4M) exceed its long term liabilities (₹76.4M).
Debt to Equity History and Analysis
Debt Level: AKANKSHA's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: Insufficient data to determine if AKANKSHA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AKANKSHA's debt is well covered by operating cash flow (26.3%).
Interest Coverage: AKANKSHA's interest payments on its debt are well covered by EBIT (4.9x coverage).