Arvind Balance Sheet Health
Financial Health criteria checks 6/6
Arvind has a total shareholder equity of ₹36.2B and total debt of ₹13.3B, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are ₹72.6B and ₹36.4B respectively. Arvind's EBIT is ₹6.2B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹829.4M.
Key information
36.6%
Debt to equity ratio
₹13.25b
Debt
Interest coverage ratio | 3.9x |
Cash | ₹829.40m |
Equity | ₹36.21b |
Total liabilities | ₹36.40b |
Total assets | ₹72.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500101's short term assets (₹34.7B) exceed its short term liabilities (₹31.0B).
Long Term Liabilities: 500101's short term assets (₹34.7B) exceed its long term liabilities (₹5.4B).
Debt to Equity History and Analysis
Debt Level: 500101's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 500101's debt to equity ratio has reduced from 95.3% to 36.6% over the past 5 years.
Debt Coverage: 500101's debt is well covered by operating cash flow (52.5%).
Interest Coverage: 500101's interest payments on its debt are well covered by EBIT (3.9x coverage).