A. K. Capital Services Balance Sheet Health
Financial Health criteria checks 2/6
A. K. Capital Services has a total shareholder equity of ₹9.1B and total debt of ₹26.6B, which brings its debt-to-equity ratio to 293.7%. Its total assets and total liabilities are ₹36.6B and ₹27.5B respectively. A. K. Capital Services's EBIT is ₹2.9B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹5.8B.
Key information
293.7%
Debt to equity ratio
₹26.58b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹5.80b |
Equity | ₹9.05b |
Total liabilities | ₹27.52b |
Total assets | ₹36.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530499's short term assets (₹12.4B) exceed its short term liabilities (₹55.7M).
Long Term Liabilities: 530499's short term assets (₹12.4B) do not cover its long term liabilities (₹27.5B).
Debt to Equity History and Analysis
Debt Level: 530499's net debt to equity ratio (229.6%) is considered high.
Reducing Debt: 530499's debt to equity ratio has reduced from 305.2% to 293.7% over the past 5 years.
Debt Coverage: 530499's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530499's interest payments on its debt are not well covered by EBIT (1.6x coverage).