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
Recent updates
Is Akanksha Power and Infrastructure (NSE:AKANKSHA) A Risky Investment?
Dec 03
Some Akanksha Power and Infrastructure Limited (NSE:AKANKSHA) Shareholders Look For Exit As Shares Take 37% Pounding
Aug 07Akanksha Power and Infrastructure Limited (NSE:AKANKSHA) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jun 20Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:07 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Akanksha Power and Infrastructure Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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