Avenue Supermarts Balance Sheet Health
Financial Health criteria checks 6/6
Avenue Supermarts has a total shareholder equity of ₹174.3B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹195.9B and ₹21.6B respectively. Avenue Supermarts's EBIT is ₹32.5B making its interest coverage ratio -68.2. It has cash and short-term investments of ₹12.3B.
Key information
3.6%
Debt to equity ratio
₹6.30b
Debt
Interest coverage ratio | -68.2x |
Cash | ₹12.33b |
Equity | ₹174.31b |
Total liabilities | ₹21.56b |
Total assets | ₹195.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540376's short term assets (₹56.9B) exceed its short term liabilities (₹16.1B).
Long Term Liabilities: 540376's short term assets (₹56.9B) exceed its long term liabilities (₹5.4B).
Debt to Equity History and Analysis
Debt Level: 540376 has more cash than its total debt.
Reducing Debt: 540376's debt to equity ratio has reduced from 11.9% to 3.6% over the past 5 years.
Debt Coverage: 540376's debt is well covered by operating cash flow (427.7%).
Interest Coverage: 540376 earns more interest than it pays, so coverage of interest payments is not a concern.