Asian Hotels (East) Balance Sheet Health
Financial Health criteria checks 6/6
Asian Hotels (East) has a total shareholder equity of ₹2.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.5B and ₹369.2M respectively. Asian Hotels (East)'s EBIT is ₹246.0M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹475.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹475.41m |
| Equity | ₹2.09b |
| Total liabilities | ₹369.19m |
| Total assets | ₹2.46b |
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
Asian 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 (₹576.5M) exceed its short term liabilities (₹231.7M).
Long Term Liabilities: AHLEAST's short term assets (₹576.5M) exceed its long term liabilities (₹137.4M).
Debt to Equity History and Analysis
Debt Level: AHLEAST is debt free.
Reducing Debt: AHLEAST has no debt compared to 5 years ago when its debt to equity ratio was 16.6%.
Debt Coverage: AHLEAST has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AHLEAST has no debt, therefore coverage of interest payments is not a concern.