Alankit Balance Sheet Health
Financial Health criteria checks 6/6
Alankit has a total shareholder equity of ₹3.1B and total debt of ₹328.1M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₹4.7B and ₹1.7B respectively. Alankit's EBIT is ₹208.9M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹651.8M.
Key information
10.6%
Debt to equity ratio
₹328.06m
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₹651.83m |
| Equity | ₹3.08b |
| Total liabilities | ₹1.65b |
| Total assets | ₹4.74b |
Recent financial health updates
Here's Why Alankit (NSE:ALANKIT) Can Manage Its Debt Responsibly
Mar 28
Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Sep 12We Think Alankit (NSE:ALANKIT) Can Stay On Top Of Its Debt
May 11Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Dec 31Does Alankit (NSE:ALANKIT) Have A Healthy Balance Sheet?
Jul 07Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Jan 26Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alankit Limited's (NSE:ALANKIT) CEO For Now
Aug 16The Market Lifts Alankit Limited (NSE:ALANKIT) Shares 26% But It Can Do More
Jul 26Returns On Capital Signal Tricky Times Ahead For Alankit (NSE:ALANKIT)
Jul 02Alankit Limited (NSE:ALANKIT) Soars 28% But It's A Story Of Risk Vs Reward
Jun 08There Are Some Holes In Alankit's (NSE:ALANKIT) Solid Earnings Release
May 31Here's Why Alankit (NSE:ALANKIT) Can Manage Its Debt Responsibly
Mar 28Returns On Capital At Alankit (NSE:ALANKIT) Paint A Concerning Picture
Feb 24Even With A 41% Surge, Cautious Investors Are Not Rewarding Alankit Limited's (NSE:ALANKIT) Performance Completely
Jan 10Investors Could Be Concerned With Alankit's (NSE:ALANKIT) Returns On Capital
Nov 09Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Sep 12Alankit (NSE:ALANKIT) Might Be Having Difficulty Using Its Capital Effectively
Jul 05We Think Alankit (NSE:ALANKIT) Can Stay On Top Of Its Debt
May 11Alankit's (NSE:ALANKIT) Dividend Will Be ₹0.20
Sep 07Alankit (NSE:ALANKIT) Will Pay A Dividend Of ₹0.20
Aug 13Investors Could Be Concerned With Alankit's (NSE:ALANKIT) Returns On Capital
Apr 06Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Dec 31Alankit's (NSE:ALANKIT) Returns On Capital Not Reflecting Well On The Business
Aug 02Does Alankit (NSE:ALANKIT) Have A Healthy Balance Sheet?
Jul 07Alankit (NSE:ALANKIT) Will Will Want To Turn Around Its Return Trends
Apr 05Are Alankit Limited's (NSE:ALANKIT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Mar 09Why Dividend Hunters Love Alankit Limited (NSE:ALANKIT)
Feb 16Alankit (NSE:ALANKIT) Has A Somewhat Strained Balance Sheet
Jan 26Returns On Capital At Alankit (NSE:ALANKIT) Paint An Interesting Picture
Jan 05
We're Not Counting On Alankit (NSE:ALANKIT) To Sustain Its Statutory Profitability
Dec 15Declining Stock and Decent Financials: Is The Market Wrong About Alankit Limited (NSE:ALANKIT)?
Nov 24Does Alankit Limited (NSE:ALANKIT) Have A Place In Your Dividend Portfolio?
Nov 03Is Alankit (NSE:ALANKIT) A Risky Investment?
Sep 29Financial Position Analysis
Short Term Liabilities: ALANKIT's short term assets (₹2.5B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: ALANKIT's short term assets (₹2.5B) exceed its long term liabilities (₹93.4M).
Debt to Equity History and Analysis
Debt Level: ALANKIT has more cash than its total debt.
Reducing Debt: ALANKIT's debt to equity ratio has reduced from 15.8% to 10.6% over the past 5 years.
Debt Coverage: ALANKIT's debt is well covered by operating cash flow (54.2%).
Interest Coverage: ALANKIT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 14:31 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alankit Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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