Aarvee Denims and Exports Balance Sheet Health
Financial Health criteria checks 2/6
Aarvee Denims and Exports has a total shareholder equity of ₹480.5M and total debt of ₹1.9B, which brings its debt-to-equity ratio to 397.9%. Its total assets and total liabilities are ₹3.5B and ₹3.0B respectively.
Key information
397.9%
Debt to equity ratio
₹1.91b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹48.64m |
| Equity | ₹480.49m |
| Total liabilities | ₹3.04b |
| Total assets | ₹3.52b |
Recent financial health updates
Is Aarvee Denims and Exports (NSE:AARVEEDEN) A Risky Investment?
Mar 29
Is Aarvee Denims and Exports (NSE:AARVEEDEN) Using Debt In A Risky Way?
Jun 19Is Aarvee Denims and Exports (NSE:AARVEEDEN) Using Too Much Debt?
Nov 18Health Check: How Prudently Does Aarvee Denims and Exports (NSE:AARVEEDEN) Use Debt?
Jul 03Recent updates
Is Aarvee Denims and Exports (NSE:AARVEEDEN) A Risky Investment?
Mar 29Is Aarvee Denims and Exports (NSE:AARVEEDEN) Using Debt In A Risky Way?
Jun 19Is Aarvee Denims and Exports (NSE:AARVEEDEN) Using Too Much Debt?
Nov 18Health Check: How Prudently Does Aarvee Denims and Exports (NSE:AARVEEDEN) Use Debt?
Jul 03Is Aarvee Denims and Exports (NSE:AARVEEDEN) Using Debt Sensibly?
Sep 13Financial Position Analysis
Short Term Liabilities: AARVEEDEN's short term assets (₹2.2B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: AARVEEDEN's short term assets (₹2.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: AARVEEDEN's net debt to equity ratio (387.8%) is considered high.
Reducing Debt: AARVEEDEN's debt to equity ratio has increased from 177.6% to 397.9% over the past 5 years.
Debt Coverage: AARVEEDEN's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: Insufficient data to determine if AARVEEDEN's interest payments on its debt are well covered by EBIT.