Abhishek Finlease Balance Sheet Health
Financial Health criteria checks 5/6
Abhishek Finlease has a total shareholder equity of ₹45.3M and total debt of ₹109.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹48.8M and ₹3.6M respectively.
Key information
0.2%
Debt to equity ratio
₹109.00k
Debt
| Interest coverage ratio | n/a |
| Cash | ₹19.75m |
| Equity | ₹45.29m |
| Total liabilities | ₹3.56m |
| Total assets | ₹48.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538935's short term assets (₹46.8M) exceed its short term liabilities (₹3.4M).
Long Term Liabilities: 538935's short term assets (₹46.8M) exceed its long term liabilities (₹109.0K).
Debt to Equity History and Analysis
Debt Level: 538935 has more cash than its total debt.
Reducing Debt: 538935's debt to equity ratio has reduced from 2.6% to 0.2% over the past 5 years.
Debt Coverage: 538935's debt is well covered by operating cash flow (3973.8%).
Interest Coverage: Insufficient data to determine if 538935's interest payments on its debt are well covered by EBIT.