Almondz Global Securities Balance Sheet Health
Financial Health criteria checks 3/6
Almondz Global Securities has a total shareholder equity of ₹2.2B and total debt of ₹451.2M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹3.1B and ₹863.3M respectively.
Key information
20.5%
Debt to equity ratio
₹451.20m
Debt
Interest coverage ratio | n/a |
Cash | ₹306.90m |
Equity | ₹2.20b |
Total liabilities | ₹863.30m |
Total assets | ₹3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531400's short term assets (₹1.4B) exceed its short term liabilities (₹225.7M).
Long Term Liabilities: 531400's short term assets (₹1.4B) exceed its long term liabilities (₹637.6M).
Debt to Equity History and Analysis
Debt Level: 531400's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 531400's debt to equity ratio has increased from 17.2% to 20.5% over the past 5 years.
Debt Coverage: 531400's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531400's interest payments on its debt are well covered by EBIT.