Astral Balance Sheet Health
Financial Health criteria checks 6/6
Astral has a total shareholder equity of ₹34.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹47.1B and ₹12.7B respectively. Astral's EBIT is ₹7.1B making its interest coverage ratio 29. It has cash and short-term investments of ₹3.7B.
Key information
3.1%
Debt to equity ratio
₹1.07b
Debt
| Interest coverage ratio | 29x |
| 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 26Recent updates
We 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 31Financial 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 3.1% over the past 5 years.
Debt Coverage: ASTRAL's debt is well covered by operating cash flow (678.7%).
Interest Coverage: ASTRAL's interest payments on its debt are well covered by EBIT (29x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 here.
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 .
Analyst Sources
Astral Limited is covered by 36 analysts. 22 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 |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Rishab Bothra | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |