ABans Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
ABans Enterprises has a total shareholder equity of ₹1.9B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are ₹4.0B and ₹2.1B respectively. ABans Enterprises's EBIT is ₹266.5M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹498.1M.
Key information
53.4%
Debt to equity ratio
₹1.03b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹498.11m |
| Equity | ₹1.93b |
| Total liabilities | ₹2.09b |
| Total assets | ₹4.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512165's short term assets (₹3.5B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 512165's short term assets (₹3.5B) exceed its long term liabilities (₹37.3M).
Debt to Equity History and Analysis
Debt Level: 512165's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: 512165's debt to equity ratio has increased from 0% to 53.4% 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 (3.5x coverage).