Auro Impex & Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Auro Impex & Chemicals has a total shareholder equity of ₹390.1M and total debt of ₹459.9M, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are ₹1.1B and ₹699.1M respectively. Auro Impex & Chemicals's EBIT is ₹134.5M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹60.6M.
Key information
117.9%
Debt to equity ratio
₹459.89m
Debt
Interest coverage ratio | 3.5x |
Cash | ₹60.61m |
Equity | ₹390.05m |
Total liabilities | ₹699.12m |
Total assets | ₹1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUROIMPEX's short term assets (₹946.0M) exceed its short term liabilities (₹582.6M).
Long Term Liabilities: AUROIMPEX's short term assets (₹946.0M) exceed its long term liabilities (₹116.6M).
Debt to Equity History and Analysis
Debt Level: AUROIMPEX's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: AUROIMPEX's debt to equity ratio has reduced from 452.4% to 117.9% over the past 5 years.
Debt Coverage: AUROIMPEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AUROIMPEX's interest payments on its debt are well covered by EBIT (3.5x coverage).