Aastamangalam Finance Balance Sheet Health
Financial Health criteria checks 2/6
Aastamangalam Finance has a total shareholder equity of ₹235.8M and total debt of ₹361.4M, which brings its debt-to-equity ratio to 153.3%. Its total assets and total liabilities are ₹606.1M and ₹370.3M respectively.
Key information
153.3%
Debt to equity ratio
₹361.42m
Debt
Interest coverage ratio | n/a |
Cash | ₹170.83m |
Equity | ₹235.76m |
Total liabilities | ₹370.30m |
Total assets | ₹606.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511764's short term assets (₹605.6M) exceed its short term liabilities (₹8.9M).
Long Term Liabilities: 511764's short term assets (₹605.6M) exceed its long term liabilities (₹361.4M).
Debt to Equity History and Analysis
Debt Level: 511764's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: 511764's debt to equity ratio has increased from 0.08% to 153.3% over the past 5 years.
Debt Coverage: 511764's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511764's interest payments on its debt are well covered by EBIT.