Aarnav Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Aarnav Fashions has a total shareholder equity of ₹1.7B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ₹4.2B and ₹2.4B respectively. Aarnav Fashions's EBIT is ₹94.7M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹159.1M.
Key information
68.3%
Debt to equity ratio
₹1.19b
Debt
Interest coverage ratio | 0.9x |
Cash | ₹159.05m |
Equity | ₹1.75b |
Total liabilities | ₹2.45b |
Total assets | ₹4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539562's short term assets (₹2.8B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 539562's short term assets (₹2.8B) exceed its long term liabilities (₹568.0M).
Debt to Equity History and Analysis
Debt Level: 539562's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: 539562's debt to equity ratio has increased from 1.5% to 68.3% over the past 5 years.
Debt Coverage: 539562's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 539562's interest payments on its debt are not well covered by EBIT (0.9x coverage).