Amit International Balance Sheet Health
Financial Health criteria checks 2/6
Amit International has a total shareholder equity of ₹196.4M and total debt of ₹694.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹200.1M and ₹3.7M respectively.
Key information
0.4%
Debt to equity ratio
₹694.00k
Debt
| Interest coverage ratio | n/a |
| Cash | ₹683.00k |
| Equity | ₹196.37m |
| Total liabilities | ₹3.71m |
| Total assets | ₹200.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531300's short term assets (₹683.0K) do not cover its short term liabilities (₹3.7M).
Long Term Liabilities: 531300 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531300's net debt to equity ratio (0.01%) is considered satisfactory.
Reducing Debt: 531300's debt to equity ratio has increased from 0.08% to 0.4% over the past 5 years.
Debt Coverage: 531300's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531300's interest payments on its debt are well covered by EBIT.