Atam Valves Balance Sheet Health
Financial Health criteria checks 6/6
Atam Valves has a total shareholder equity of ₹327.3M and total debt of ₹78.7M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ₹468.7M and ₹141.5M respectively. Atam Valves's EBIT is ₹93.9M making its interest coverage ratio 11.9. It has cash and short-term investments of ₹2.3M.
Key information
24.0%
Debt to equity ratio
₹78.66m
Debt
| Interest coverage ratio | 11.9x |
| Cash | ₹2.26m |
| Equity | ₹327.26m |
| Total liabilities | ₹141.48m |
| Total assets | ₹468.74m |
Recent financial health updates
No updates
Recent updates
Atam Valves Limited (NSE:ATAM) Might Not Be As Mispriced As It Looks
Oct 27
Atam Valves (NSE:ATAM) Will Pay A Smaller Dividend Than Last Year
Sep 21Atam Valves' (NSE:ATAM) Dividend Is Being Reduced To ₹0.75
Sep 07Slammed 25% Atam Valves Limited (NSE:ATAM) Screens Well Here But There Might Be A Catch
Mar 13Investors Continue Waiting On Sidelines For Atam Valves Limited (NSE:ATAM)
Aug 18Financial Position Analysis
Short Term Liabilities: ATAM's short term assets (₹432.7M) exceed its short term liabilities (₹132.1M).
Long Term Liabilities: ATAM's short term assets (₹432.7M) exceed its long term liabilities (₹9.4M).
Debt to Equity History and Analysis
Debt Level: ATAM's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: ATAM's debt to equity ratio has reduced from 208.5% to 24% over the past 5 years.
Debt Coverage: ATAM's debt is well covered by operating cash flow (46%).
Interest Coverage: ATAM's interest payments on its debt are well covered by EBIT (11.9x coverage).