Ambika Cotton Mills Balance Sheet Health
Financial Health criteria checks 6/6
Ambika Cotton Mills has a total shareholder equity of ₹8.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹10.4B and ₹1.9B respectively. Ambika Cotton Mills's EBIT is ₹884.5M making its interest coverage ratio 28.9. It has cash and short-term investments of ₹2.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 28.9x |
Cash | ₹2.35b |
Equity | ₹8.50b |
Total liabilities | ₹1.89b |
Total assets | ₹10.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531978's short term assets (₹8.1B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 531978's short term assets (₹8.1B) exceed its long term liabilities (₹282.0M).
Debt to Equity History and Analysis
Debt Level: 531978 is debt free.
Reducing Debt: 531978 has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: 531978 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531978 has no debt, therefore coverage of interest payments is not a concern.