Avro India Balance Sheet Health
Financial Health criteria checks 3/6
Avro India has a total shareholder equity of ₹302.5M and total debt of ₹219.3M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₹630.6M and ₹328.2M respectively. Avro India's EBIT is ₹58.0M making its interest coverage ratio 4. It has cash and short-term investments of ₹14.4M.
Key information
72.5%
Debt to equity ratio
₹219.27m
Debt
| Interest coverage ratio | 4x |
| Cash | ₹14.36m |
| Equity | ₹302.48m |
| Total liabilities | ₹328.16m |
| Total assets | ₹630.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543512's short term assets (₹387.2M) exceed its short term liabilities (₹263.3M).
Long Term Liabilities: 543512's short term assets (₹387.2M) exceed its long term liabilities (₹64.9M).
Debt to Equity History and Analysis
Debt Level: 543512's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 543512's debt to equity ratio has increased from 24.7% to 72.5% over the past 5 years.
Debt Coverage: 543512's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 543512's interest payments on its debt are well covered by EBIT (4x coverage).