Ashima Balance Sheet Health
Financial Health criteria checks 4/6
Ashima has a total shareholder equity of ₹3.1B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ₹5.3B and ₹2.2B respectively. Ashima's EBIT is ₹695.1M making its interest coverage ratio 11.7. It has cash and short-term investments of ₹646.7M.
Key information
40.5%
Debt to equity ratio
₹1.24b
Debt
| Interest coverage ratio | 11.7x |
| Cash | ₹646.70m |
| Equity | ₹3.06b |
| Total liabilities | ₹2.21b |
| Total assets | ₹5.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514286's short term assets (₹3.6B) exceed its short term liabilities (₹998.7M).
Long Term Liabilities: 514286's short term assets (₹3.6B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 514286's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 514286's debt to equity ratio has increased from 11.9% to 40.5% over the past 5 years.
Debt Coverage: 514286's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 514286's interest payments on its debt are well covered by EBIT (11.7x coverage).