Atlantaa Balance Sheet Health
Financial Health criteria checks 3/6
Atlantaa has a total shareholder equity of ₹1.6B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 155.2%. Its total assets and total liabilities are ₹4.7B and ₹3.1B respectively. Atlantaa's EBIT is ₹693.3M making its interest coverage ratio 14.7. It has cash and short-term investments of ₹507.5M.
Key information
155.2%
Debt to equity ratio
₹2.48b
Debt
| Interest coverage ratio | 14.7x |
| Cash | ₹507.48m |
| Equity | ₹1.59b |
| Total liabilities | ₹3.11b |
| Total assets | ₹4.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ATLANTAA's short term assets (₹2.4B) do not cover its short term liabilities (₹2.5B).
Long Term Liabilities: ATLANTAA's short term assets (₹2.4B) exceed its long term liabilities (₹591.7M).
Debt to Equity History and Analysis
Debt Level: ATLANTAA's net debt to equity ratio (123.4%) is considered high.
Reducing Debt: ATLANTAA's debt to equity ratio has reduced from 371.6% to 155.2% over the past 5 years.
Debt Coverage: ATLANTAA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATLANTAA's interest payments on its debt are well covered by EBIT (14.7x coverage).