Amin Tannery Balance Sheet Health
Financial Health criteria checks 3/6
Amin Tannery has a total shareholder equity of ₹126.2M and total debt of ₹286.1M, which brings its debt-to-equity ratio to 226.7%. Its total assets and total liabilities are ₹640.4M and ₹514.1M respectively. Amin Tannery's EBIT is ₹18.5M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹4.4M.
Key information
226.7%
Debt to equity ratio
₹286.14m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹4.43m |
| Equity | ₹126.22m |
| Total liabilities | ₹514.14m |
| Total assets | ₹640.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541771's short term assets (₹562.9M) exceed its short term liabilities (₹504.4M).
Long Term Liabilities: 541771's short term assets (₹562.9M) exceed its long term liabilities (₹9.8M).
Debt to Equity History and Analysis
Debt Level: 541771's net debt to equity ratio (223.2%) is considered high.
Reducing Debt: 541771's debt to equity ratio has reduced from 230% to 226.7% over the past 5 years.
Debt Coverage: 541771's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 541771's interest payments on its debt are not well covered by EBIT (1.4x coverage).