Aprameya Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Aprameya Engineering has a total shareholder equity of ₹233.7M and total debt of ₹420.5M, which brings its debt-to-equity ratio to 179.9%. Its total assets and total liabilities are ₹756.0M and ₹522.4M respectively. Aprameya Engineering's EBIT is ₹64.5M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹3.5M.
Key information
179.9%
Debt to equity ratio
₹420.48m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹3.48m |
| Equity | ₹233.68m |
| Total liabilities | ₹522.37m |
| Total assets | ₹756.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APRAMEYA's short term assets (₹702.8M) exceed its short term liabilities (₹396.6M).
Long Term Liabilities: APRAMEYA's short term assets (₹702.8M) exceed its long term liabilities (₹125.8M).
Debt to Equity History and Analysis
Debt Level: APRAMEYA's net debt to equity ratio (178.5%) is considered high.
Reducing Debt: APRAMEYA's debt to equity ratio has increased from 0% to 179.9% over the past 5 years.
Debt Coverage: APRAMEYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: APRAMEYA's interest payments on its debt are well covered by EBIT (3.5x coverage).