Ajcon Global Services Balance Sheet Health
Financial Health criteria checks 4/6
Ajcon Global Services has a total shareholder equity of ₹244.8M and total debt of ₹100.5M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹383.0M and ₹138.2M respectively.
Key information
41.1%
Debt to equity ratio
₹100.51m
Debt
Interest coverage ratio | n/a |
Cash | ₹138.18m |
Equity | ₹244.77m |
Total liabilities | ₹138.21m |
Total assets | ₹382.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511692's short term assets (₹346.5M) exceed its short term liabilities (₹31.1M).
Long Term Liabilities: 511692's short term assets (₹346.5M) exceed its long term liabilities (₹107.1M).
Debt to Equity History and Analysis
Debt Level: 511692 has more cash than its total debt.
Reducing Debt: 511692's debt to equity ratio has reduced from 89.9% to 41.1% over the past 5 years.
Debt Coverage: 511692's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511692's interest payments on its debt are well covered by EBIT.