Akanksha Power and Infrastructure Balance Sheet Health
Financial Health criteria checks 5/6
Akanksha Power and Infrastructure has a total shareholder equity of ₹465.4M and total debt of ₹209.5M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are ₹825.1M and ₹359.7M respectively. Akanksha Power and Infrastructure's EBIT is ₹59.1M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹106.5M.
Key information
45.0%
Debt to equity ratio
₹209.46m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹106.55m |
| Equity | ₹465.40m |
| Total liabilities | ₹359.74m |
| Total assets | ₹825.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AKANKSHA's short term assets (₹597.9M) exceed its short term liabilities (₹280.7M).
Long Term Liabilities: AKANKSHA's short term assets (₹597.9M) exceed its long term liabilities (₹79.1M).
Debt to Equity History and Analysis
Debt Level: AKANKSHA's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: AKANKSHA's debt to equity ratio has reduced from 90.2% to 45% over the past 5 years.
Debt Coverage: AKANKSHA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKANKSHA's interest payments on its debt are well covered by EBIT (3.8x coverage).