Aditya Spinners Limited

BSE:521141 Stock Report

Market Cap: ₹463.4m

Aditya Spinners Balance Sheet Health

Financial Health criteria checks 3/6

Aditya Spinners has a total shareholder equity of ₹477.3M and total debt of ₹159.0M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ₹691.3M and ₹214.0M respectively. Aditya Spinners's EBIT is ₹17.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹1.5M.

Key information

33.3%

Debt to equity ratio

₹158.99m

Debt

Interest coverage ratio1.3x
Cash₹1.50m
Equity₹477.33m
Total liabilities₹214.02m
Total assets₹691.35m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 521141's short term assets (₹94.0M) do not cover its short term liabilities (₹110.5M).

Long Term Liabilities: 521141's short term assets (₹94.0M) do not cover its long term liabilities (₹103.5M).


Debt to Equity History and Analysis

Debt Level: 521141's net debt to equity ratio (33%) is considered satisfactory.

Reducing Debt: 521141's debt to equity ratio has reduced from 75.9% to 33.3% over the past 5 years.

Debt Coverage: 521141's debt is well covered by operating cash flow (24.2%).

Interest Coverage: 521141's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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