AKI India Balance Sheet Health
Financial Health criteria checks 4/6
AKI India has a total shareholder equity of ₹597.1M and total debt of ₹221.6M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ₹1.0B and ₹444.0M respectively. AKI India's EBIT is ₹37.1M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹18.1M.
Key information
37.1%
Debt to equity ratio
₹221.61m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹18.13m |
| Equity | ₹597.14m |
| Total liabilities | ₹443.97m |
| Total assets | ₹1.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AKI's short term assets (₹704.4M) exceed its short term liabilities (₹433.1M).
Long Term Liabilities: AKI's short term assets (₹704.4M) exceed its long term liabilities (₹10.9M).
Debt to Equity History and Analysis
Debt Level: AKI's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: AKI's debt to equity ratio has reduced from 176.7% to 37.1% over the past 5 years.
Debt Coverage: AKI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKI's interest payments on its debt are not well covered by EBIT (2.2x coverage).