Abhishek Finlease Balance Sheet Health
Financial Health criteria checks 4/6
Abhishek Finlease has a total shareholder equity of ₹43.3M and total debt of ₹489.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹46.3M and ₹3.1M respectively.
Key information
1.1%
Debt to equity ratio
₹489.00k
Debt
Interest coverage ratio | n/a |
Cash | ₹15.87m |
Equity | ₹43.28m |
Total liabilities | ₹3.05m |
Total assets | ₹46.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538935's short term assets (₹43.4M) exceed its short term liabilities (₹2.6M).
Long Term Liabilities: 538935's short term assets (₹43.4M) exceed its long term liabilities (₹489.0K).
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 increased from 1.1% to 1.1% over the past 5 years.
Debt Coverage: 538935's debt is well covered by operating cash flow (401.2%).
Interest Coverage: Insufficient data to determine if 538935's interest payments on its debt are well covered by EBIT.