Agarwal Fortune India Balance Sheet Health
Financial Health criteria checks 3/6
Agarwal Fortune India has a total shareholder equity of ₹5.2M and total debt of ₹14.8M, which brings its debt-to-equity ratio to 282.2%. Its total assets and total liabilities are ₹19.2M and ₹14.0M respectively. Agarwal Fortune India's EBIT is ₹1.2M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹275.0K.
Key information
282.2%
Debt to equity ratio
₹14.77m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹275.00k |
| Equity | ₹5.23m |
| Total liabilities | ₹14.00m |
| Total assets | ₹19.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530765's short term assets (₹16.8M) exceed its short term liabilities (₹10.9M).
Long Term Liabilities: 530765's short term assets (₹16.8M) exceed its long term liabilities (₹3.1M).
Debt to Equity History and Analysis
Debt Level: 530765's net debt to equity ratio (277%) is considered high.
Reducing Debt: 530765's debt to equity ratio has increased from 83.1% to 282.2% over the past 5 years.
Debt Coverage: 530765's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530765's interest payments on its debt are well covered by EBIT (3.4x coverage).