Atlantaa Balance Sheet Health
Financial Health criteria checks 4/6
Atlantaa has a total shareholder equity of ₹1.8B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are ₹4.6B and ₹2.8B respectively. Atlantaa's EBIT is ₹748.3M making its interest coverage ratio -31.2. It has cash and short-term investments of ₹1.2B.
Key information
128.2%
Debt to equity ratio
₹2.33b
Debt
| Interest coverage ratio | -31.2x |
| Cash | ₹1.24b |
| Equity | ₹1.82b |
| Total liabilities | ₹2.82b |
| Total assets | ₹4.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ATLANTAA's short term assets (₹2.5B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: ATLANTAA's short term assets (₹2.5B) exceed its long term liabilities (₹327.3M).
Debt to Equity History and Analysis
Debt Level: ATLANTAA's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: ATLANTAA's debt to equity ratio has reduced from 386.1% to 128.2% over the past 5 years.
Debt Coverage: ATLANTAA's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: ATLANTAA earns more interest than it pays, so coverage of interest payments is not a concern.