Atmastco Balance Sheet Health
Financial Health criteria checks 5/6
Atmastco has a total shareholder equity of ₹552.0M and total debt of ₹712.6M, which brings its debt-to-equity ratio to 129.1%. Its total assets and total liabilities are ₹2.4B and ₹1.8B respectively. Atmastco's EBIT is ₹272.6M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹487.4M.
Key information
129.1%
Debt to equity ratio
₹712.57m
Debt
Interest coverage ratio | 4.8x |
Cash | ₹487.37m |
Equity | ₹552.03m |
Total liabilities | ₹1.81b |
Total assets | ₹2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATMASTCO's short term assets (₹2.0B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: ATMASTCO's short term assets (₹2.0B) exceed its long term liabilities (₹544.0M).
Debt to Equity History and Analysis
Debt Level: ATMASTCO's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: ATMASTCO's debt to equity ratio has reduced from 133.1% to 129.1% over the past 5 years.
Debt Coverage: ATMASTCO's debt is well covered by operating cash flow (28.2%).
Interest Coverage: ATMASTCO's interest payments on its debt are well covered by EBIT (4.8x coverage).