Arman Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
Arman Financial Services has a total shareholder equity of ₹4.7B and total debt of ₹18.6B, which brings its debt-to-equity ratio to 396.6%. Its total assets and total liabilities are ₹24.2B and ₹19.5B respectively.
Key information
396.6%
Debt to equity ratio
₹18.63b
Debt
Interest coverage ratio | n/a |
Cash | ₹1.58b |
Equity | ₹4.70b |
Total liabilities | ₹19.53b |
Total assets | ₹24.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531179's short term assets (₹23.9B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 531179's short term assets (₹23.9B) exceed its long term liabilities (₹17.4B).
Debt to Equity History and Analysis
Debt Level: 531179's net debt to equity ratio (363%) is considered high.
Reducing Debt: 531179's debt to equity ratio has reduced from 731.8% to 396.6% over the past 5 years.
Debt Coverage: 531179's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531179's interest payments on its debt are well covered by EBIT.