AF Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
AF Enterprises has a total shareholder equity of ₹376.2M and total debt of ₹62.9M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ₹1.3B and ₹967.4M respectively.
Key information
16.7%
Debt to equity ratio
₹62.93m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹26.82m |
| Equity | ₹376.24m |
| Total liabilities | ₹967.42m |
| Total assets | ₹1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538351's short term assets (₹1.3B) exceed its short term liabilities (₹895.8M).
Long Term Liabilities: 538351's short term assets (₹1.3B) exceed its long term liabilities (₹71.6M).
Debt to Equity History and Analysis
Debt Level: 538351's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 538351's debt to equity ratio has reduced from 48.4% to 16.7% over the past 5 years.
Debt Coverage: 538351's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538351's interest payments on its debt are well covered by EBIT.