AYM Syntex Balance Sheet Health
Financial Health criteria checks 4/6
AYM Syntex has a total shareholder equity of ₹4.3B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are ₹10.5B and ₹6.2B respectively. AYM Syntex's EBIT is ₹677.2M making its interest coverage ratio 2. It has cash and short-term investments of ₹138.4M.
Key information
70.0%
Debt to equity ratio
₹3.01b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹138.40m |
| Equity | ₹4.30b |
| Total liabilities | ₹6.21b |
| Total assets | ₹10.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508933's short term assets (₹5.1B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: 508933's short term assets (₹5.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 508933's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 508933's debt to equity ratio has reduced from 87.1% to 70% over the past 5 years.
Debt Coverage: 508933's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 508933's interest payments on its debt are not well covered by EBIT (2x coverage).