Astral Balance Sheet Health
Financial Health criteria checks 6/6
Astral has a total shareholder equity of ₹34.5B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ₹47.1B and ₹12.7B respectively. Astral's EBIT is ₹7.1B making its interest coverage ratio 27. It has cash and short-term investments of ₹3.7B.
Key information
5.7%
Debt to equity ratio
₹1.98b
Debt
| Interest coverage ratio | 27x |
| Cash | ₹3.72b |
| Equity | ₹34.47b |
| Total liabilities | ₹12.68b |
| Total assets | ₹47.15b |
Recent financial health updates
We Think Astral (NSE:ASTRAL) Can Stay On Top Of Its Debt
Dec 10
Is Astral (NSE:ASTRAL) A Risky Investment?
Mar 26Here's Why Astral (NSE:ASTRAL) Can Manage Its Debt Responsibly
Sep 26We Think Astral (NSE:ASTRAL) Can Stay On Top Of Its Debt
May 18Astral (NSE:ASTRAL) Seems To Use Debt Quite Sensibly
Jan 08Astral (NSE:ASTRAL) Has A Rock Solid Balance Sheet
Jul 05Recent updates
A Look Into Astral's (NSE:ASTRAL) Impressive Returns On Capital
Jan 10Astral Limited's (NSE:ASTRAL) Popularity With Investors Is Under Threat From Overpricing
Dec 26We Think Astral (NSE:ASTRAL) Can Stay On Top Of Its Debt
Dec 10Astral Limited Just Missed Earnings - But Analysts Have Updated Their Models
Nov 10Astral (NSE:ASTRAL) Is Due To Pay A Dividend Of ₹2.25
Jul 28Astral (NSE:ASTRAL) Is Reinvesting To Multiply In Value
Jul 16Here's Why We Think Astral (NSE:ASTRAL) Might Deserve Your Attention Today
Apr 26Getting In Cheap On Astral Limited (NSE:ASTRAL) Might Be Difficult
Apr 10Is Astral (NSE:ASTRAL) A Risky Investment?
Mar 26Shareholders Are Optimistic That Astral (NSE:ASTRAL) Will Multiply In Value
Jan 14Revenues Not Telling The Story For Astral Limited (NSE:ASTRAL)
Dec 31Should You Be Adding Astral (NSE:ASTRAL) To Your Watchlist Today?
Dec 17Here's Why Astral (NSE:ASTRAL) Can Manage Its Debt Responsibly
Sep 26Astral (NSE:ASTRAL) Knows How To Allocate Capital
Sep 08Investors Shouldn't Overlook The Favourable Returns On Capital At Astral (NSE:ASTRAL)
Jun 08We Think Astral (NSE:ASTRAL) Can Stay On Top Of Its Debt
May 18A Look Into Astral's (NSE:ASTRAL) Impressive Returns On Capital
Jan 26Astral (NSE:ASTRAL) Seems To Use Debt Quite Sensibly
Jan 08Astral (NSE:ASTRAL) Is Investing Its Capital With Increasing Efficiency
Oct 12Should You Be Adding Astral (NSE:ASTRAL) To Your Watchlist Today?
Sep 23Astral's (NSE:ASTRAL) Dividend Will Be Increased To ₹1.75
Aug 11Astral (NSE:ASTRAL) Has A Rock Solid Balance Sheet
Jul 05Here's Why I Think Astral (NSE:ASTRAL) Is An Interesting Stock
Jun 03Under The Bonnet, Astral's (NSE:ASTRAL) Returns Look Impressive
May 20Astral (NSE:ASTRAL) Seems To Use Debt Rather Sparingly
Mar 03Is Now The Time To Put Astral (NSE:ASTRAL) On Your Watchlist?
Feb 17Why The 34% Return On Capital At Astral (NSE:ASTRAL) Should Have Your Attention
Feb 04Astral (NSE:ASTRAL) Has A Rock Solid Balance Sheet
Nov 24Is Now The Time To Put Astral (NSE:ASTRAL) On Your Watchlist?
Nov 11Why The 30% Return On Capital At Astral (NSE:ASTRAL) Should Have Your Attention
Oct 21Why We Think Shareholders May Be Considering Bumping Up Astral Limited's (NSE:ASTRAL) CEO Compensation
Aug 24Financial Position Analysis
Short Term Liabilities: ASTRAL's short term assets (₹19.6B) exceed its short term liabilities (₹10.9B).
Long Term Liabilities: ASTRAL's short term assets (₹19.6B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: ASTRAL has more cash than its total debt.
Reducing Debt: ASTRAL's debt to equity ratio has reduced from 12.9% to 5.7% over the past 5 years.
Debt Coverage: ASTRAL's debt is well covered by operating cash flow (366.4%).
Interest Coverage: ASTRAL's interest payments on its debt are well covered by EBIT (27x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 01:43 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Astral Limited is covered by 34 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rishab Bothra | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |