Advance Lifestyles Balance Sheet Health
Financial Health criteria checks 1/6
Advance Lifestyles has a total shareholder equity of ₹309.6M and total debt of ₹426.7M, which brings its debt-to-equity ratio to 137.8%. Its total assets and total liabilities are ₹771.5M and ₹461.9M respectively. Advance Lifestyles's EBIT is ₹5.8M making its interest coverage ratio 1080.7. It has cash and short-term investments of ₹153.0K.
Key information
137.8%
Debt to equity ratio
₹426.70m
Debt
Interest coverage ratio | 1080.7x |
Cash | ₹152.96k |
Equity | ₹309.63m |
Total liabilities | ₹461.88m |
Total assets | ₹771.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521048's short term assets (₹2.7M) do not cover its short term liabilities (₹27.4M).
Long Term Liabilities: 521048's short term assets (₹2.7M) do not cover its long term liabilities (₹434.5M).
Debt to Equity History and Analysis
Debt Level: 521048's net debt to equity ratio (137.8%) is considered high.
Reducing Debt: 521048's debt to equity ratio has increased from 105.5% to 137.8% over the past 5 years.
Debt Coverage: 521048's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 521048's interest payments on its debt are well covered by EBIT (1080.7x coverage).