AVP Infracon Balance Sheet Health
Financial Health criteria checks 4/6
AVP Infracon has a total shareholder equity of ₹1.1B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 109.1%. Its total assets and total liabilities are ₹2.8B and ₹1.7B respectively. AVP Infracon's EBIT is ₹414.7M making its interest coverage ratio 5.4. It has cash and short-term investments of ₹137.4M.
Key information
109.1%
Debt to equity ratio
₹1.19b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹137.43m |
| Equity | ₹1.09b |
| Total liabilities | ₹1.67b |
| Total assets | ₹2.76b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AVPINFRA's short term assets (₹2.1B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: AVPINFRA's short term assets (₹2.1B) exceed its long term liabilities (₹463.7M).
Debt to Equity History and Analysis
Debt Level: AVPINFRA's net debt to equity ratio (96.5%) is considered high.
Reducing Debt: AVPINFRA's debt to equity ratio has reduced from 398.1% to 109.1% over the past 5 years.
Debt Coverage: AVPINFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVPINFRA's interest payments on its debt are well covered by EBIT (5.4x coverage).