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 ratio | 1.8x |
Cash | ₹29.66m |
Equity | ₹524.31m |
Total liabilities | ₹264.35m |
Total assets | ₹788.66m |
Recent financial health updates
These 4 Measures Indicate That AKG Exim (NSE:AKG) Is Using Debt Reasonably Well
Nov 11Here's Why AKG Exim (NSE:AKG) Can Manage Its Debt Responsibly
Jun 14Recent updates
Subdued Growth No Barrier To AKG Exim Limited's (NSE:AKG) Price
Jul 20There'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 15Financial 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).