Akash Infra-Projects Balance Sheet Health
Financial Health criteria checks 2/6
Akash Infra-Projects has a total shareholder equity of ₹823.2M and total debt of ₹841.2M, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are ₹2.1B and ₹1.2B respectively. Akash Infra-Projects's EBIT is ₹20.9M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹66.8M.
Key information
102.2%
Debt to equity ratio
₹841.21m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹66.79m |
| Equity | ₹823.19m |
| Total liabilities | ₹1.23b |
| Total assets | ₹2.05b |
Recent financial health updates
Here's Why Akash Infra-Projects (NSE:AKASH) Has A Meaningful Debt Burden
Jul 05
Is Akash Infra-Projects (NSE:AKASH) Using Too Much Debt?
Mar 29We Think Akash Infra-Projects (NSE:AKASH) Has A Fair Chunk Of Debt
Dec 23Akash Infra-Projects (NSE:AKASH) Is Carrying A Fair Bit Of Debt
Jun 28Is Akash Infra-Projects (NSE:AKASH) A Risky Investment?
Feb 03Here's Why Akash Infra-Projects (NSE:AKASH) Can Manage Its Debt Responsibly
Aug 17Recent updates
Here's Why Akash Infra-Projects (NSE:AKASH) Has A Meaningful Debt Burden
Jul 05Akash Infra-Projects' (NSE:AKASH) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 23Is Akash Infra-Projects (NSE:AKASH) Using Too Much Debt?
Mar 29We Think Akash Infra-Projects (NSE:AKASH) Has A Fair Chunk Of Debt
Dec 23Akash Infra-Projects (NSE:AKASH) Has Announced A Dividend Of ₹0.10
Sep 05Akash Infra-Projects (NSE:AKASH) Is Carrying A Fair Bit Of Debt
Jun 28Akash Infra-Projects (NSE:AKASH) Is Reinvesting At Lower Rates Of Return
May 06Is Akash Infra-Projects (NSE:AKASH) A Risky Investment?
Feb 03Capital Allocation Trends At Akash Infra-Projects (NSE:AKASH) Aren't Ideal
Sep 15Here's Why Akash Infra-Projects (NSE:AKASH) Can Manage Its Debt Responsibly
Aug 17These 4 Measures Indicate That Akash Infra-Projects (NSE:AKASH) Is Using Debt Extensively
Mar 18The Akash Infra-Projects (NSE:AKASH) Share Price Has Soared 515%, Delighting Many Shareholders
Feb 11
Has Akash Infra-Projects (NSE:AKASH) Got What It Takes To Become A Multi-Bagger?
Jan 07Is Akash Infra-Projects (NSE:AKASH) Using Too Much Debt?
Dec 03Financial Position Analysis
Short Term Liabilities: AKASH's short term assets (₹1.9B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: AKASH's short term assets (₹1.9B) exceed its long term liabilities (₹144.2M).
Debt to Equity History and Analysis
Debt Level: AKASH's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: AKASH's debt to equity ratio has increased from 20.1% to 102.2% over the past 5 years.
Debt Coverage: AKASH's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: AKASH's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:57 |
| End of Day Share Price | 2024/12/24 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
Akash Infra-Projects 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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