Advance Lifestyles Balance Sheet Health
Financial Health criteria checks 3/6
Advance Lifestyles has a total shareholder equity of ₹274.0M and total debt of ₹413.6M, which brings its debt-to-equity ratio to 150.9%. Its total assets and total liabilities are ₹719.7M and ₹445.7M respectively. Advance Lifestyles's EBIT is ₹5.0M making its interest coverage ratio -1.1. It has cash and short-term investments of ₹7.2M.
Key information
150.9%
Debt to equity ratio
₹413.55m
Debt
| Interest coverage ratio | -1.1x |
| Cash | ₹7.21m |
| Equity | ₹274.00m |
| Total liabilities | ₹445.71m |
| Total assets | ₹719.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521048's short term assets (₹378.7M) exceed its short term liabilities (₹109.5M).
Long Term Liabilities: 521048's short term assets (₹378.7M) exceed its long term liabilities (₹336.2M).
Debt to Equity History and Analysis
Debt Level: 521048's net debt to equity ratio (148.3%) is considered high.
Reducing Debt: 521048's debt to equity ratio has increased from 116.4% to 150.9% over the past 5 years.
Debt Coverage: 521048's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521048 earns more interest than it pays, so coverage of interest payments is not a concern.