AKG Exim Balance Sheet Health

Financial Health criteria checks 4/6

AKG Exim has a total shareholder equity of ₹524.3M and total debt of ₹141.7M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₹788.7M and ₹264.3M respectively. AKG Exim's EBIT is ₹24.1M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹29.7M.

Key information

27.0%

Debt to equity ratio

₹141.69m

Debt

Interest coverage ratio1.9x
Cash₹29.66m
Equity₹524.31m
Total liabilities₹264.35m
Total assets₹788.66m

Recent financial health updates

Recent updates

There's No Escaping AKG Exim Limited's (NSE:AKG) Muted Earnings

Mar 28
There's No Escaping AKG Exim Limited's (NSE:AKG) Muted Earnings

These 4 Measures Indicate That AKG Exim (NSE:AKG) Is Using Debt Reasonably Well

Nov 11
These 4 Measures Indicate That AKG Exim (NSE:AKG) Is Using Debt Reasonably Well

Do AKG Exim's (NSE:AKG) Earnings Warrant Your Attention?

Jan 27
Do AKG Exim's (NSE:AKG) Earnings Warrant Your Attention?

Here's Why AKG Exim (NSE:AKG) Has Caught The Eye Of Investors

Jul 05
Here's Why AKG Exim (NSE:AKG) Has Caught The Eye Of Investors

Here's Why AKG Exim (NSE:AKG) Can Manage Its Debt Responsibly

Jun 14
Here's Why AKG Exim (NSE:AKG) Can Manage Its Debt Responsibly

Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?

Jan 18
Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?

Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?

Aug 30
Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?

Is AKG Exim Limited's(NSE:AKG) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 15
Is AKG Exim Limited's(NSE:AKG) Recent Stock Performance Tethered To Its Strong Fundamentals?

Financial Position Analysis

Short Term Liabilities: AKG's short term assets (₹741.5M) exceed its short term liabilities (₹253.9M).

Long Term Liabilities: AKG's short term assets (₹741.5M) exceed its long term liabilities (₹10.5M).


Debt to Equity History and Analysis

Debt Level: AKG's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: AKG's debt to equity ratio has reduced from 157.8% to 27% over the past 5 years.

Debt Coverage: AKG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AKG's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.