Ajcon Global Services Balance Sheet Health
Financial Health criteria checks 4/6
Ajcon Global Services has a total shareholder equity of ₹255.6M and total debt of ₹109.5M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are ₹423.3M and ₹167.7M respectively.
Key information
42.8%
Debt to equity ratio
₹109.47m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹14.94m |
| Equity | ₹255.58m |
| Total liabilities | ₹167.71m |
| Total assets | ₹423.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511692's short term assets (₹386.7M) exceed its short term liabilities (₹31.8M).
Long Term Liabilities: 511692's short term assets (₹386.7M) exceed its long term liabilities (₹135.9M).
Debt to Equity History and Analysis
Debt Level: 511692's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: 511692's debt to equity ratio has reduced from 96.3% to 42.8% over the past 5 years.
Debt Coverage: 511692's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: Insufficient data to determine if 511692's interest payments on its debt are well covered by EBIT.