Alfa Ica (India) Balance Sheet Health
Financial Health criteria checks 4/6
Alfa Ica (India) has a total shareholder equity of ₹208.1M and total debt of ₹140.9M, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ₹445.1M and ₹237.0M respectively. Alfa Ica (India)'s EBIT is ₹29.4M making its interest coverage ratio 2. It has cash and short-term investments of ₹3.7M.
Key information
67.7%
Debt to equity ratio
₹140.93m
Debt
Interest coverage ratio | 2x |
Cash | ₹3.74m |
Equity | ₹208.12m |
Total liabilities | ₹237.01m |
Total assets | ₹445.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530973's short term assets (₹285.3M) exceed its short term liabilities (₹169.7M).
Long Term Liabilities: 530973's short term assets (₹285.3M) exceed its long term liabilities (₹67.3M).
Debt to Equity History and Analysis
Debt Level: 530973's net debt to equity ratio (65.9%) is considered high.
Reducing Debt: 530973's debt to equity ratio has reduced from 130.4% to 67.7% over the past 5 years.
Debt Coverage: 530973's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 530973's interest payments on its debt are not well covered by EBIT (2x coverage).