Avi Ansh Textile Balance Sheet Health
Financial Health criteria checks 3/6
Avi Ansh Textile has a total shareholder equity of ₹158.7M and total debt of ₹448.1M, which brings its debt-to-equity ratio to 282.3%. Its total assets and total liabilities are ₹652.3M and ₹493.5M respectively. Avi Ansh Textile's EBIT is ₹62.9M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹8.1M.
Key information
282.3%
Debt to equity ratio
₹448.12m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹8.06m |
| Equity | ₹158.72m |
| Total liabilities | ₹493.54m |
| Total assets | ₹652.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVIANSH's short term assets (₹434.9M) exceed its short term liabilities (₹344.4M).
Long Term Liabilities: AVIANSH's short term assets (₹434.9M) exceed its long term liabilities (₹149.1M).
Debt to Equity History and Analysis
Debt Level: AVIANSH's net debt to equity ratio (277.3%) is considered high.
Reducing Debt: Insufficient data to determine if AVIANSH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AVIANSH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVIANSH's interest payments on its debt are well covered by EBIT (3.3x coverage).