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 ₹22.1M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹29.7M.

Key information

27.0%

Debt to equity ratio

₹141.69m

Debt

Interest coverage ratio1.8x
Cash₹29.66m
Equity₹524.31m
Total liabilities₹264.35m
Total assets₹788.66m

Recent financial health updates

Recent updates

Subdued Growth No Barrier To AKG Exim Limited's (NSE:AKG) Price

Jul 20
Subdued Growth No Barrier To AKG Exim Limited's (NSE:AKG) Price

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 108.7% 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 (1.8x coverage).


Balance Sheet


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