Anjani Synthetics Balance Sheet Health
Financial Health criteria checks 4/6
Anjani Synthetics has a total shareholder equity of ₹805.0M and total debt of ₹494.5M, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Anjani Synthetics's EBIT is ₹92.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹551.0K.
Key information
61.4%
Debt to equity ratio
₹494.52m
Debt
Interest coverage ratio | 2.2x |
Cash | ₹551.00k |
Equity | ₹805.00m |
Total liabilities | ₹1.24b |
Total assets | ₹2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531223's short term assets (₹1.7B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 531223's short term assets (₹1.7B) exceed its long term liabilities (₹120.9M).
Debt to Equity History and Analysis
Debt Level: 531223's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: 531223's debt to equity ratio has reduced from 126% to 61.4% over the past 5 years.
Debt Coverage: 531223's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 531223's interest payments on its debt are not well covered by EBIT (2.2x coverage).