Aastamangalam Finance Balance Sheet Health
Financial Health criteria checks 2/6
Aastamangalam Finance has a total shareholder equity of ₹376.8M and total debt of ₹402.2M, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are ₹805.6M and ₹428.8M respectively.
Key information
106.7%
Debt to equity ratio
₹402.20m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹62.00m |
| Equity | ₹376.80m |
| Total liabilities | ₹428.80m |
| Total assets | ₹805.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511764's short term assets (₹805.3M) exceed its short term liabilities (₹26.6M).
Long Term Liabilities: 511764's short term assets (₹805.3M) exceed its long term liabilities (₹402.2M).
Debt to Equity History and Analysis
Debt Level: 511764's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: 511764's debt to equity ratio has increased from 0% to 106.7% 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.