Abhinav Capital Services Balance Sheet Health
Financial Health criteria checks 5/6
Abhinav Capital Services has a total shareholder equity of ₹830.0M and total debt of ₹207.0M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹1.1B and ₹298.5M respectively. Abhinav Capital Services's EBIT is ₹93.7M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹761.9M.
Key information
24.9%
Debt to equity ratio
₹207.01m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹761.86m |
| Equity | ₹830.02m |
| Total liabilities | ₹298.53m |
| Total assets | ₹1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532057's short term assets (₹1.1B) exceed its short term liabilities (₹207.7M).
Long Term Liabilities: 532057's short term assets (₹1.1B) exceed its long term liabilities (₹90.8M).
Debt to Equity History and Analysis
Debt Level: 532057 has more cash than its total debt.
Reducing Debt: 532057's debt to equity ratio has reduced from 68.6% to 24.9% over the past 5 years.
Debt Coverage: 532057's debt is well covered by operating cash flow (67.5%).
Interest Coverage: 532057's interest payments on its debt are not well covered by EBIT (2.4x coverage).