Ambika Cotton Mills Balance Sheet Health
Financial Health criteria checks 5/6
Ambika Cotton Mills has a total shareholder equity of ₹8.6B and total debt of ₹819.8M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₹10.7B and ₹2.1B respectively. Ambika Cotton Mills's EBIT is ₹913.1M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹2.2B.
Key information
9.5%
Debt to equity ratio
₹819.80m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹2.17b |
| Equity | ₹8.59b |
| Total liabilities | ₹2.11b |
| Total assets | ₹10.69b |
Recent financial health updates
These 4 Measures Indicate That Ambika Cotton Mills (NSE:AMBIKCO) Is Using Debt Extensively
Mar 23
Ambika Cotton Mills (NSE:AMBIKCO) Seems To Use Debt Quite Sensibly
Dec 04
Is Ambika Cotton Mills (NSE:AMBIKCO) A Risky Investment?
Jul 06Recent updates
Ambika Cotton Mills (NSE:AMBIKCO) Is Due To Pay A Dividend Of ₹35.00
Aug 30Ambika Cotton Mills Limited's (NSE:AMBIKCO) Earnings Are Not Doing Enough For Some Investors
Jul 26Why Ambika Cotton Mills' (NSE:AMBIKCO) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 08The Returns On Capital At Ambika Cotton Mills (NSE:AMBIKCO) Don't Inspire Confidence
Dec 13Ambika Cotton Mills' (NSE:AMBIKCO) Dividend Will Be ₹35.00
Aug 31Ambika Cotton Mills (NSE:AMBIKCO) Knows How To Allocate Capital Effectively
Jan 04Does Ambika Cotton Mills (NSE:AMBIKCO) Deserve A Spot On Your Watchlist?
Jun 28We Think Ambika Cotton Mills' (NSE:AMBIKCO) Robust Earnings Are Conservative
Jun 05Should You Be Adding Ambika Cotton Mills (NSE:AMBIKCO) To Your Watchlist Today?
Mar 15Ambika Cotton Mills' (NSE:AMBIKCO) Upcoming Dividend Will Be Larger Than Last Year's
Sep 08These 4 Measures Indicate That Ambika Cotton Mills (NSE:AMBIKCO) Is Using Debt Extensively
Mar 23Will Ambika Cotton Mills (NSE:AMBIKCO) Multiply In Value Going Forward?
Mar 02Is Ambika Cotton Mills Limited (NSE:AMBIKCO) A Smart Pick For Income Investors?
Feb 09Is Ambika Cotton Mills Limited's (NSE:AMBIKCO) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 19Ambika Cotton Mills' (NSE:AMBIKCO) Stock Price Has Reduced 39% In The Past Three Years
Dec 24Ambika Cotton Mills (NSE:AMBIKCO) Seems To Use Debt Quite Sensibly
Dec 04Returns On Capital At Ambika Cotton Mills (NSE:AMBIKCO) Paint An Interesting Picture
Nov 07Is Ambika Cotton Mills Limited (NSE:AMBIKCO) A Great Dividend Stock?
Oct 12Ambika Cotton Mills Limited (NSE:AMBIKCO) Stock Goes Ex-Dividend In Just Three Days
Sep 16Ambika Cotton Mills' (NSE:AMBIKCO) Shareholders Are Down 48% On Their Shares
Aug 31Did Ambika Cotton Mills Limited (NSE:AMBIKCO) Insiders Buy Up More Shares?
Aug 10Improved Earnings Required Before Ambika Cotton Mills Limited (NSE:AMBIKCO) Shares Find Their Feet
Aug 10Should We Be Excited About The Trends Of Returns At Ambika Cotton Mills (NSE:AMBIKCO)?
Jul 24Is Ambika Cotton Mills (NSE:AMBIKCO) A Risky Investment?
Jul 06Financial Position Analysis
Short Term Liabilities: AMBIKCO's short term assets (₹8.2B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: AMBIKCO's short term assets (₹8.2B) exceed its long term liabilities (₹268.6M).
Debt to Equity History and Analysis
Debt Level: AMBIKCO has more cash than its total debt.
Reducing Debt: AMBIKCO's debt to equity ratio has reduced from 18.7% to 9.5% over the past 5 years.
Debt Coverage: AMBIKCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMBIKCO's interest payments on its debt are well covered by EBIT (4.3x coverage).