ABans Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
ABans Enterprises has a total shareholder equity of ₹2.0B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 162.2%. Its total assets and total liabilities are ₹6.0B and ₹4.1B respectively. ABans Enterprises's EBIT is ₹449.7M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹956.0M.
Key information
162.2%
Debt to equity ratio
₹3.17b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹956.03m |
| Equity | ₹1.95b |
| Total liabilities | ₹4.07b |
| Total assets | ₹6.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512165's short term assets (₹5.3B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 512165's short term assets (₹5.3B) exceed its long term liabilities (₹684.5M).
Debt to Equity History and Analysis
Debt Level: 512165's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: 512165's debt to equity ratio has reduced from 397.8% to 162.2% over the past 5 years.
Debt Coverage: 512165's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512165's interest payments on its debt are well covered by EBIT (3.1x coverage).