Atmastco Balance Sheet Health
Financial Health criteria checks 4/6
Atmastco has a total shareholder equity of ₹1.1B and total debt of ₹709.0M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are ₹2.9B and ₹1.8B respectively. Atmastco's EBIT is ₹350.8M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹584.1M.
Key information
65.7%
Debt to equity ratio
₹709.03m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹584.13m |
| Equity | ₹1.08b |
| Total liabilities | ₹1.83b |
| Total assets | ₹2.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ATMASTCO's short term assets (₹2.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: ATMASTCO's short term assets (₹2.6B) exceed its long term liabilities (₹602.1M).
Debt to Equity History and Analysis
Debt Level: ATMASTCO's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: ATMASTCO's debt to equity ratio has reduced from 112.7% to 65.7% over the past 5 years.
Debt Coverage: ATMASTCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATMASTCO's interest payments on its debt are not well covered by EBIT (2.9x coverage).