Aarnav Fashions Balance Sheet Health
Financial Health criteria checks 2/6
Aarnav Fashions has a total shareholder equity of ₹1.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are ₹4.1B and ₹2.2B respectively. Aarnav Fashions's EBIT is ₹211.9M making its interest coverage ratio 2. It has cash and short-term investments of ₹170.8M.
Key information
57.7%
Debt to equity ratio
₹1.05b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹170.80m |
| Equity | ₹1.83b |
| Total liabilities | ₹2.24b |
| Total assets | ₹4.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539562's short term assets (₹2.7B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 539562's short term assets (₹2.7B) exceed its long term liabilities (₹389.1M).
Debt to Equity History and Analysis
Debt Level: 539562's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: 539562's debt to equity ratio has increased from 0% to 57.7% over the past 5 years.
Debt Coverage: 539562's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 539562's interest payments on its debt are not well covered by EBIT (2x coverage).