Anmol India Balance Sheet Health
Financial Health criteria checks 4/6
Anmol India has a total shareholder equity of ₹1.0B and total debt of ₹853.0M, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are ₹2.8B and ₹1.8B respectively. Anmol India's EBIT is ₹221.3M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹1.5B.
Key information
85.1%
Debt to equity ratio
₹853.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹1.50b |
| Equity | ₹1.00b |
| Total liabilities | ₹1.82b |
| Total assets | ₹2.83b |
Recent financial health updates
Recent updates
Returns On Capital At Anmol India (NSE:ANMOL) Have Hit The Brakes
Oct 12
These 4 Measures Indicate That Anmol India (NSE:ANMOL) Is Using Debt Reasonably Well
Jun 12We Think Anmol India's (NSE:ANMOL) Profit Is Only A Baseline For What They Can Achieve
May 22It's Down 25% But Anmol India Limited (NSE:ANMOL) Could Be Riskier Than It Looks
May 11Market Cool On Anmol India Limited's (NSE:ANMOL) Earnings Pushing Shares 25% Lower
Mar 21Here's Why We Think Anmol India (NSE:ANMOL) Might Deserve Your Attention Today
Mar 14Is Now The Time To Put Anmol India (NSE:ANMOL) On Your Watchlist?
Nov 01Anmol India (NSE:ANMOL) Could Become A Multi-Bagger
Aug 02Anmol India Limited (NSE:ANMOL) Screens Well But There Might Be A Catch
Feb 24Shareholders Shouldn’t Be Too Comfortable With Anmol India's (NSE:ANMOL) Strong Earnings
Nov 21Financial Position Analysis
Short Term Liabilities: ANMOL's short term assets (₹2.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: ANMOL's short term assets (₹2.8B) exceed its long term liabilities (₹409.3M).
Debt to Equity History and Analysis
Debt Level: ANMOL has more cash than its total debt.
Reducing Debt: ANMOL's debt to equity ratio has increased from 54.8% to 85.1% over the past 5 years.
Debt Coverage: ANMOL's debt is well covered by operating cash flow (249%).
Interest Coverage: ANMOL's interest payments on its debt are not well covered by EBIT (1.6x coverage).