Ashoka Buildcon Balance Sheet Health
Financial Health criteria checks 3/6
Ashoka Buildcon has a total shareholder equity of ₹24.2B and total debt of ₹54.4B, which brings its debt-to-equity ratio to 224.5%. Its total assets and total liabilities are ₹191.2B and ₹167.0B respectively. Ashoka Buildcon's EBIT is ₹18.8B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹9.2B.
Key information
224.5%
Debt to equity ratio
₹54.43b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹9.17b |
Equity | ₹24.25b |
Total liabilities | ₹167.00b |
Total assets | ₹191.24b |
Recent financial health updates
We Think Ashoka Buildcon (NSE:ASHOKA) Is Taking Some Risk With Its Debt
Sep 30Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Feb 02We Think Ashoka Buildcon (NSE:ASHOKA) Is Taking Some Risk With Its Debt
Dec 27Does Ashoka Buildcon (NSE:ASHOKA) Have A Healthy Balance Sheet?
Jan 08Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Sep 13Recent updates
Ashoka Buildcon Limited (NSE:ASHOKA) Shares Fly 32% But Investors Aren't Buying For Growth
Jun 11Estimating The Fair Value Of Ashoka Buildcon Limited (NSE:ASHOKA)
Jun 08We Think Ashoka Buildcon (NSE:ASHOKA) Is Taking Some Risk With Its Debt
Sep 30Should You Investigate Ashoka Buildcon Limited (NSE:ASHOKA) At ₹92.80?
Aug 14Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Feb 02Here's Why Shareholders May Want To Be Cautious With Increasing Ashoka Buildcon Limited's (NSE:ASHOKA) CEO Pay Packet
Sep 17Should You Investigate Ashoka Buildcon Limited (NSE:ASHOKA) At ₹81.10?
May 31Ashoka Buildcon Limited (NSE:ASHOKA) Looks Inexpensive But Perhaps Not Attractive Enough
May 12There's Been No Shortage Of Growth Recently For Ashoka Buildcon's (NSE:ASHOKA) Returns On Capital
Feb 25We Think Ashoka Buildcon (NSE:ASHOKA) Is Taking Some Risk With Its Debt
Dec 27Is Now An Opportune Moment To Examine Ashoka Buildcon Limited (NSE:ASHOKA)?
Oct 25Ashoka Buildcon (NSE:ASHOKA) Is Experiencing Growth In Returns On Capital
Jun 29Is There An Opportunity With Ashoka Buildcon Limited's (NSE:ASHOKA) 48% Undervaluation?
May 13I Ran A Stock Scan For Earnings Growth And Ashoka Buildcon (NSE:ASHOKA) Passed With Ease
Apr 28What Does Ashoka Buildcon Limited's (NSE:ASHOKA) Share Price Indicate?
Mar 28Will the Promising Trends At Ashoka Buildcon (NSE:ASHOKA) Continue?
Mar 15Should You Be Excited About Ashoka Buildcon Limited's (NSE:ASHOKA) 46% Return On Equity?
Mar 02Read This Before Selling Ashoka Buildcon Limited (NSE:ASHOKA) Shares
Feb 18How Is Ashoka Buildcon's (NSE:ASHOKA) CEO Paid Relative To Peers?
Feb 06Are Investors Undervaluing Ashoka Buildcon Limited (NSE:ASHOKA) By 45%?
Jan 23Does Ashoka Buildcon (NSE:ASHOKA) Have A Healthy Balance Sheet?
Jan 08At ₹93.00, Is It Time To Put Ashoka Buildcon Limited (NSE:ASHOKA) On Your Watch List?
Dec 24Does Ashoka Buildcon's (NSE:ASHOKA) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 08Ashoka Buildcon's(NSE:ASHOKA) Share Price Is Down 55% Over The Past Three Years.
Nov 23Is There More Growth In Store For Ashoka Buildcon's (NSE:ASHOKA) Returns On Capital?
Nov 06Is Ashoka Buildcon Limited's (NSE:ASHOKA) ROE Of 27% Impressive?
Oct 10Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Sep 13Is There Now An Opportunity In Ashoka Buildcon Limited (NSE:ASHOKA)?
Aug 23Is There More Growth In Store For Ashoka Buildcon's (NSE:ASHOKA) Returns On Capital?
Aug 02Financial Position Analysis
Short Term Liabilities: ASHOKA's short term assets (₹110.3B) exceed its short term liabilities (₹91.0B).
Long Term Liabilities: ASHOKA's short term assets (₹110.3B) exceed its long term liabilities (₹76.0B).
Debt to Equity History and Analysis
Debt Level: ASHOKA's net debt to equity ratio (186.7%) is considered high.
Reducing Debt: ASHOKA's debt to equity ratio has reduced from 1489.3% to 224.5% over the past 5 years.
Debt Coverage: ASHOKA's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: ASHOKA's interest payments on its debt are not well covered by EBIT (1.4x coverage).