AKI India Balance Sheet Health
Financial Health criteria checks 3/6
AKI India has a total shareholder equity of ₹164.4M and total debt of ₹297.9M, which brings its debt-to-equity ratio to 181.3%. Its total assets and total liabilities are ₹632.5M and ₹482.7M respectively. AKI India's EBIT is ₹26.4M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹14.7M.
Key information
181.3%
Debt to equity ratio
₹297.92m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹14.73m |
Equity | ₹164.36m |
Total liabilities | ₹482.66m |
Total assets | ₹632.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542020's short term assets (₹454.8M) exceed its short term liabilities (₹381.4M).
Long Term Liabilities: 542020's short term assets (₹454.8M) exceed its long term liabilities (₹101.2M).
Debt to Equity History and Analysis
Debt Level: 542020's net debt to equity ratio (172.3%) is considered high.
Reducing Debt: 542020's debt to equity ratio has reduced from 210.3% to 181.3% over the past 5 years.
Debt Coverage: 542020's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 542020's interest payments on its debt are not well covered by EBIT (1.6x coverage).