Avro India Balance Sheet Health
Financial Health criteria checks 4/6
Avro India has a total shareholder equity of ₹288.6M and total debt of ₹156.2M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ₹544.5M and ₹255.9M respectively. Avro India's EBIT is ₹70.2M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹13.3M.
Key information
54.1%
Debt to equity ratio
₹156.23m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹13.31m |
Equity | ₹288.63m |
Total liabilities | ₹255.92m |
Total assets | ₹544.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543512's short term assets (₹330.7M) exceed its short term liabilities (₹209.0M).
Long Term Liabilities: 543512's short term assets (₹330.7M) exceed its long term liabilities (₹46.9M).
Debt to Equity History and Analysis
Debt Level: 543512's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: 543512's debt to equity ratio has increased from 28.2% to 54.1% over the past 5 years.
Debt Coverage: 543512's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 543512's interest payments on its debt are well covered by EBIT (5.1x coverage).