Abhinav Capital Services Balance Sheet Health
Financial Health criteria checks 4/6
Abhinav Capital Services has a total shareholder equity of ₹784.3M and total debt of ₹384.1M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are ₹1.3B and ₹471.8M respectively. Abhinav Capital Services's EBIT is ₹144.9M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹961.1M.
Key information
49.0%
Debt to equity ratio
₹384.09m
Debt
Interest coverage ratio | 6.1x |
Cash | ₹961.10m |
Equity | ₹784.34m |
Total liabilities | ₹471.78m |
Total assets | ₹1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532057's short term assets (₹1.3B) exceed its short term liabilities (₹384.5M).
Long Term Liabilities: 532057's short term assets (₹1.3B) exceed its long term liabilities (₹87.3M).
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 increased from 0% to 49% over the past 5 years.
Debt Coverage: 532057's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532057's interest payments on its debt are well covered by EBIT (6.1x coverage).