Aryaman Financial Services Balance Sheet Health
Financial Health criteria checks 6/6
Aryaman Financial Services has a total shareholder equity of ₹1.0B and total debt of ₹425.9M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are ₹1.6B and ₹537.8M respectively. Aryaman Financial Services's EBIT is ₹311.5M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹608.0M.
Key information
41.8%
Debt to equity ratio
₹425.90m
Debt
Interest coverage ratio | 8.5x |
Cash | ₹607.99m |
Equity | ₹1.02b |
Total liabilities | ₹537.82m |
Total assets | ₹1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530245's short term assets (₹775.4M) exceed its short term liabilities (₹473.9M).
Long Term Liabilities: 530245's short term assets (₹775.4M) exceed its long term liabilities (₹63.9M).
Debt to Equity History and Analysis
Debt Level: 530245 has more cash than its total debt.
Reducing Debt: 530245's debt to equity ratio has reduced from 66.7% to 41.8% over the past 5 years.
Debt Coverage: 530245's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 530245's interest payments on its debt are well covered by EBIT (8.5x coverage).