Angel Fibers Balance Sheet Health
Financial Health criteria checks 3/6
Angel Fibers has a total shareholder equity of ₹266.2M and total debt of ₹512.6M, which brings its debt-to-equity ratio to 192.6%. Its total assets and total liabilities are ₹886.9M and ₹620.8M respectively. Angel Fibers's EBIT is ₹37.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹368.0K.
Key information
192.6%
Debt to equity ratio
₹512.60m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹368.00k |
Equity | ₹266.16m |
Total liabilities | ₹620.76m |
Total assets | ₹886.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541006's short term assets (₹371.8M) exceed its short term liabilities (₹282.3M).
Long Term Liabilities: 541006's short term assets (₹371.8M) exceed its long term liabilities (₹338.5M).
Debt to Equity History and Analysis
Debt Level: 541006's net debt to equity ratio (192.5%) is considered high.
Reducing Debt: 541006's debt to equity ratio has reduced from 347.2% to 192.6% over the past 5 years.
Debt Coverage: 541006's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 541006's interest payments on its debt are not well covered by EBIT (1.1x coverage).