AKI India Balance Sheet Health
Financial Health criteria checks 4/6
AKI India has a total shareholder equity of ₹645.5M and total debt of ₹216.5M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are ₹1.1B and ₹503.8M respectively. AKI India's EBIT is ₹24.9M making its interest coverage ratio 2. It has cash and short-term investments of ₹24.3M.
Key information
33.5%
Debt to equity ratio
₹216.49m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹24.33m |
| Equity | ₹645.50m |
| Total liabilities | ₹503.79m |
| Total assets | ₹1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542020's short term assets (₹694.1M) exceed its short term liabilities (₹458.3M).
Long Term Liabilities: 542020's short term assets (₹694.1M) exceed its long term liabilities (₹45.5M).
Debt to Equity History and Analysis
Debt Level: 542020's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 542020's debt to equity ratio has reduced from 174.6% to 33.5% over the past 5 years.
Debt Coverage: 542020's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542020's interest payments on its debt are not well covered by EBIT (2x coverage).