Asian Granito India Balance Sheet Health
Financial Health criteria checks 5/6
Asian Granito India has a total shareholder equity of ₹12.9B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹19.9B and ₹7.0B respectively.
Key information
20.5%
Debt to equity ratio
₹2.66b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.39b |
| Equity | ₹12.95b |
| Total liabilities | ₹6.99b |
| Total assets | ₹19.94b |
Recent financial health updates
Is Asian Granito India (NSE:ASIANTILES) A Risky Investment?
Mar 13
Is Asian Granito India (NSE:ASIANTILES) Using Too Much Debt?
Dec 10Recent updates
Is Asian Granito India (NSE:ASIANTILES) A Risky Investment?
Mar 13We Think Asian Granito India Limited's (NSE:ASIANTILES) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 14Returns At Asian Granito India (NSE:ASIANTILES) Appear To Be Weighed Down
May 12Shareholders May Find It Hard To Justify Increasing Asian Granito India Limited's (NSE:ASIANTILES) CEO Compensation For Now
Dec 17Asian Granito India's (NSE:ASIANTILES) Earnings Are Weaker Than They Seem
Jun 07If You Like EPS Growth Then Check Out Asian Granito India (NSE:ASIANTILES) Before It's Too Late
Jun 02Asian Granito India (NSE:ASIANTILES) Has More To Do To Multiply In Value Going Forward
May 20Asian Granito India Limited's (NSE:ASIANTILES) 0.4% Dividend Yield Looks Pretty Interesting
Apr 29A Look At The Intrinsic Value Of Asian Granito India Limited (NSE:ASIANTILES)
Apr 14Insider Buying: The Asian Granito India Limited (NSE:ASIANTILES) Non-Independent Executive Chairman & MD Just Bought 5.5% More Shares
Mar 10How Much Did Asian Granito India's(NSE:ASIANTILES) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 06Non-Independent Executive Chairman & MD Kamleshkumar Patel Just Bought 8.8% More Shares In Asian Granito India Limited (NSE:ASIANTILES)
Feb 22What Does Asian Granito India's (NSE:ASIANTILES) CEO Pay Reveal?
Feb 17
Is Asian Granito India Limited (NSE:ASIANTILES) Potentially Undervalued?
Feb 07Could The Asian Granito India Limited (NSE:ASIANTILES) Ownership Structure Tell Us Something Useful?
Jan 28Is Asian Granito India (NSE:ASIANTILES) Likely To Turn Things Around?
Jan 18Calculating The Intrinsic Value Of Asian Granito India Limited (NSE:ASIANTILES)
Jan 08Asian Granito India Limited (NSE:ASIANTILES) Vies For A Place In Your Dividend Portfolio: Here's Why
Dec 30Is The Market Rewarding Asian Granito India Limited (NSE:ASIANTILES) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Dec 20Is Asian Granito India (NSE:ASIANTILES) Using Too Much Debt?
Dec 10The Non-Independent Executive Chairman & MD of Asian Granito India Limited (NSE:ASIANTILES), Kamleshkumar Patel, Just Bought 2.7% More Shares
Nov 28The Asian Granito India (NSE:ASIANTILES) Share Price Has Gained 69% And Shareholders Are Hoping For More
Nov 22Asian Granito India Limited's (NSE:ASIANTILES) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Aug 04Asian Granito India Limited's (NSE:ASIANTILES) Share Price Not Quite Adding Up
Jul 22Is It Too Late To Consider Buying Asian Granito India Limited (NSE:ASIANTILES)?
Jul 21Asian Granito India Limited's (NSE:ASIANTILES) Popularity With Investors Is Clear
Jul 06Have Insiders Been Buying Asian Granito India Limited (NSE:ASIANTILES) Shares This Year?
Jul 01Financial Position Analysis
Short Term Liabilities: ASIANTILES's short term assets (₹11.5B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: ASIANTILES's short term assets (₹11.5B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: ASIANTILES's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: ASIANTILES's debt to equity ratio has reduced from 70.4% to 20.5% over the past 5 years.
Debt Coverage: ASIANTILES's debt is well covered by operating cash flow (51.3%).
Interest Coverage: Insufficient data to determine if ASIANTILES's interest payments on its debt are well covered by EBIT.