Arvind Balance Sheet Health
Financial Health criteria checks 6/6
Arvind has a total shareholder equity of ₹35.9B and total debt of ₹13.8B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are ₹74.6B and ₹38.7B respectively. Arvind's EBIT is ₹5.8B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹888.3M.
Key information
38.5%
Debt to equity ratio
₹13.85b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹888.30m |
| Equity | ₹35.93b |
| Total liabilities | ₹38.70b |
| Total assets | ₹74.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500101's short term assets (₹34.4B) exceed its short term liabilities (₹31.5B).
Long Term Liabilities: 500101's short term assets (₹34.4B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: 500101's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 500101's debt to equity ratio has reduced from 86.4% to 38.5% over the past 5 years.
Debt Coverage: 500101's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 500101's interest payments on its debt are well covered by EBIT (3.6x coverage).