Auro Impex & Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Auro Impex & Chemicals has a total shareholder equity of ₹450.2M and total debt of ₹476.5M, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are ₹1.2B and ₹780.7M respectively. Auro Impex & Chemicals's EBIT is ₹108.8M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹93.5M.
Key information
105.8%
Debt to equity ratio
₹476.48m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹93.48m |
| Equity | ₹450.24m |
| Total liabilities | ₹780.72m |
| Total assets | ₹1.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AUROIMPEX's short term assets (₹1.1B) exceed its short term liabilities (₹658.6M).
Long Term Liabilities: AUROIMPEX's short term assets (₹1.1B) exceed its long term liabilities (₹122.1M).
Debt to Equity History and Analysis
Debt Level: AUROIMPEX's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: AUROIMPEX's debt to equity ratio has reduced from 406.2% to 105.8% over the past 5 years.
Debt Coverage: AUROIMPEX's debt is not well covered by operating cash flow (10%).
Interest Coverage: AUROIMPEX's interest payments on its debt are well covered by EBIT (4.1x coverage).