Anjani Synthetics Balance Sheet Health
Financial Health criteria checks 4/6
Anjani Synthetics has a total shareholder equity of ₹824.5M and total debt of ₹437.9M, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are ₹1.6B and ₹819.4M respectively. Anjani Synthetics's EBIT is ₹88.5M making its interest coverage ratio 2. It has cash and short-term investments of ₹2.2M.
Key information
53.1%
Debt to equity ratio
₹437.86m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹2.19m |
| Equity | ₹824.53m |
| Total liabilities | ₹819.44m |
| Total assets | ₹1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531223's short term assets (₹1.4B) exceed its short term liabilities (₹784.6M).
Long Term Liabilities: 531223's short term assets (₹1.4B) exceed its long term liabilities (₹34.8M).
Debt to Equity History and Analysis
Debt Level: 531223's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: 531223's debt to equity ratio has reduced from 110.3% to 53.1% over the past 5 years.
Debt Coverage: 531223's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 531223's interest payments on its debt are not well covered by EBIT (2x coverage).