Avro India Balance Sheet Health
Financial Health criteria checks 4/6
Avro India has a total shareholder equity of ₹268.8M and total debt of ₹160.9M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ₹528.0M and ₹259.3M respectively. Avro India's EBIT is ₹67.5M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹20.1M.
Key information
59.9%
Debt to equity ratio
₹160.88m
Debt
Interest coverage ratio | 5.3x |
Cash | ₹20.12m |
Equity | ₹268.76m |
Total liabilities | ₹259.28m |
Total assets | ₹528.05m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Avro India Limited (NSE:AVROIND) Even Though It's 29% Cheaper
Mar 28Here's Why Avro India (NSE:AVROIND) Has A Meaningful Debt Burden
Mar 13Why Investors Shouldn't Be Surprised By Avro India Limited's (NSE:AVROIND) 25% Share Price Surge
Feb 07Do Avro India's (NSE:AVROIND) Earnings Warrant Your Attention?
Apr 25Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching
Dec 30Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching
May 14Here's Why I Think Avro India (NSE:AVROIND) Is An Interesting Stock
Nov 08Should You Be Adding Avro India (NSE:AVROIND) To Your Watchlist Today?
Jul 05Avro India Limited's (NSE:AVROIND) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Mar 04Avro India Limited (NSE:AVROIND) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Nov 19Financial Position Analysis
Short Term Liabilities: AVROIND's short term assets (₹356.5M) exceed its short term liabilities (₹213.9M).
Long Term Liabilities: AVROIND's short term assets (₹356.5M) exceed its long term liabilities (₹45.4M).
Debt to Equity History and Analysis
Debt Level: AVROIND's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: AVROIND's debt to equity ratio has increased from 31.4% to 59.9% over the past 5 years.
Debt Coverage: AVROIND's debt is well covered by operating cash flow (35.8%).
Interest Coverage: AVROIND's interest payments on its debt are well covered by EBIT (5.3x coverage).