AKG Exim Balance Sheet Health
Financial Health criteria checks 5/6
AKG Exim has a total shareholder equity of ₹525.9M and total debt of ₹143.3M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ₹578.9M and ₹53.0M respectively. AKG Exim's EBIT is ₹41.8M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹27.1M.
Key information
27.2%
Debt to equity ratio
₹143.27m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹27.13m |
| Equity | ₹525.91m |
| Total liabilities | ₹53.01m |
| Total assets | ₹578.92m |
Recent financial health updates
These 4 Measures Indicate That AKG Exim (NSE:AKG) Is Using Debt Reasonably Well
Nov 11
Here's Why AKG Exim (NSE:AKG) Can Manage Its Debt Responsibly
Jun 14Recent updates
There's No Escaping AKG Exim Limited's (NSE:AKG) Muted Earnings
Mar 28These 4 Measures Indicate That AKG Exim (NSE:AKG) Is Using Debt Reasonably Well
Nov 11Do AKG Exim's (NSE:AKG) Earnings Warrant Your Attention?
Jan 27Here's Why AKG Exim (NSE:AKG) Has Caught The Eye Of Investors
Jul 05Here's Why AKG Exim (NSE:AKG) Can Manage Its Debt Responsibly
Jun 14Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?
Jan 18Should You Be Adding AKG Exim (NSE:AKG) To Your Watchlist Today?
Aug 30Is AKG Exim Limited's(NSE:AKG) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 15
Financial Position Analysis
Short Term Liabilities: AKG's short term assets (₹537.3M) exceed its short term liabilities (₹47.9M).
Long Term Liabilities: AKG's short term assets (₹537.3M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: AKG's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: AKG's debt to equity ratio has reduced from 168.4% to 27.2% 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 well covered by EBIT (3.3x coverage).