Ashoka Buildcon Balance Sheet Health
Financial Health criteria checks 4/6
Ashoka Buildcon has a total shareholder equity of ₹30.4B and total debt of ₹55.4B, which brings its debt-to-equity ratio to 181.8%. Its total assets and total liabilities are ₹192.4B and ₹161.9B respectively. Ashoka Buildcon's EBIT is ₹23.7B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹5.4B.
Key information
181.8%
Debt to equity ratio
₹55.36b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹5.35b |
| Equity | ₹30.45b |
| Total liabilities | ₹161.94b |
| Total assets | ₹192.39b |
Recent financial health updates
Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Aug 07
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 27Recent updates
Is Now The Time To Look At Buying Ashoka Buildcon Limited (NSE:ASHOKA)?
Nov 13Is Ashoka Buildcon (NSE:ASHOKA) Using Too Much Debt?
Aug 07Should You Think About Buying Ashoka Buildcon Limited (NSE:ASHOKA) Now?
Jul 20Ashoka 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 18Financial Position Analysis
Short Term Liabilities: ASHOKA's short term assets (₹110.1B) exceed its short term liabilities (₹85.5B).
Long Term Liabilities: ASHOKA's short term assets (₹110.1B) exceed its long term liabilities (₹76.5B).
Debt to Equity History and Analysis
Debt Level: ASHOKA's net debt to equity ratio (164.3%) is considered high.
Reducing Debt: ASHOKA's debt to equity ratio has reduced from 1451.1% to 181.8% over the past 5 years.
Debt Coverage: ASHOKA's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: ASHOKA's interest payments on its debt are well covered by EBIT (3.5x coverage).