Advani Hotels & Resorts (India) Balance Sheet Health
Financial Health criteria checks 5/6
Advani Hotels & Resorts (India) has a total shareholder equity of ₹612.3M and total debt of ₹9.6M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹968.6M and ₹356.4M respectively. Advani Hotels & Resorts (India)'s EBIT is ₹310.5M making its interest coverage ratio 431.8. It has cash and short-term investments of ₹418.9M.
Key information
1.6%
Debt to equity ratio
₹9.56m
Debt
Interest coverage ratio | 431.8x |
Cash | ₹418.91m |
Equity | ₹612.26m |
Total liabilities | ₹356.37m |
Total assets | ₹968.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523269's short term assets (₹515.7M) exceed its short term liabilities (₹292.2M).
Long Term Liabilities: 523269's short term assets (₹515.7M) exceed its long term liabilities (₹64.1M).
Debt to Equity History and Analysis
Debt Level: 523269 has more cash than its total debt.
Reducing Debt: 523269's debt to equity ratio has increased from 1.2% to 1.6% over the past 5 years.
Debt Coverage: 523269's debt is well covered by operating cash flow (2515.7%).
Interest Coverage: 523269's interest payments on its debt are well covered by EBIT (431.8x coverage).