Asian Hotels (East) Balance Sheet Health
Financial Health criteria checks 3/6
Asian Hotels (East) has a total shareholder equity of ₹2.3B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 134.5%. Its total assets and total liabilities are ₹6.2B and ₹3.9B respectively. Asian Hotels (East)'s EBIT is ₹247.6M making its interest coverage ratio 4.7. It has cash and short-term investments of ₹40.5M.
Key information
134.5%
Debt to equity ratio
₹3.13b
Debt
| Interest coverage ratio | 4.7x |
| Cash | ₹40.49m |
| Equity | ₹2.33b |
| Total liabilities | ₹3.90b |
| Total assets | ₹6.23b |
Recent financial health updates
Is Asian Hotels (East) (NSE:AHLEAST) A Risky Investment?
Sep 13
Is Asian Hotels (East) (NSE:AHLEAST) A Risky Investment?
Jul 23Asian Hotels (East) (NSE:AHLEAST) Takes On Some Risk With Its Use Of Debt
Sep 10Recent updates
Improved Earnings Required Before Asian Hotels (East) Limited (NSE:AHLEAST) Shares Find Their Feet
Oct 01Asian Hotels (East)'s (NSE:AHLEAST) Dividend Will Be ₹2.50
Aug 24Returns On Capital Are Showing Encouraging Signs At Asian Hotels (East) (NSE:AHLEAST)
Jul 19There Are Some Reasons To Suggest That Asian Hotels (East)'s (NSE:AHLEAST) Earnings Are A Poor Reflection Of Profitability
Jun 05Asian Hotels (East) Limited's (NSE:AHLEAST) Share Price Is Matching Sentiment Around Its Earnings
Apr 05Asian Hotels (East) (NSE:AHLEAST) Shareholders Will Want The ROCE Trajectory To Continue
Jan 16The Return Trends At Asian Hotels (East) (NSE:AHLEAST) Look Promising
Oct 12Asian Hotels (East) Limited (NSE:AHLEAST) Held Back By Insufficient Growth Even After Shares Climb 29%
Sep 02Asian Hotels (East)'s (NSE:AHLEAST) Returns On Capital Are Heading Higher
Dec 26Is Asian Hotels (East) (NSE:AHLEAST) A Risky Investment?
Sep 13Is Asian Hotels (East) (NSE:AHLEAST) A Risky Investment?
Jul 23We're Watching These Trends At Asian Hotels (East) (NSE:AHLEAST)
Dec 24Asian Hotels (East) (NSE:AHLEAST) Takes On Some Risk With Its Use Of Debt
Sep 10Financial Position Analysis
Short Term Liabilities: AHLEAST's short term assets (₹4.4B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: AHLEAST's short term assets (₹4.4B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: AHLEAST's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: AHLEAST's debt to equity ratio has increased from 14.4% to 134.5% over the past 5 years.
Debt Coverage: AHLEAST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AHLEAST's interest payments on its debt are well covered by EBIT (4.7x coverage).