Anjani Finance Balance Sheet Health
Financial Health criteria checks 4/6
Anjani Finance has a total shareholder equity of ₹233.8M and total debt of ₹19.4M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹255.9M and ₹22.1M respectively. Anjani Finance's EBIT is ₹7.5M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹1.2M.
Key information
8.3%
Debt to equity ratio
₹19.39m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹1.19m |
Equity | ₹233.83m |
Total liabilities | ₹22.07m |
Total assets | ₹255.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531878's short term assets (₹60.1M) exceed its short term liabilities (₹2.5M).
Long Term Liabilities: 531878's short term assets (₹60.1M) exceed its long term liabilities (₹19.6M).
Debt to Equity History and Analysis
Debt Level: 531878's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: 531878's debt to equity ratio has reduced from 24.2% to 8.3% over the past 5 years.
Debt Coverage: 531878's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531878's interest payments on its debt are not well covered by EBIT (1.9x coverage).