Abhinav Leasing and Finance Balance Sheet Health
Financial Health criteria checks 2/6
Abhinav Leasing and Finance has a total shareholder equity of ₹56.6M and total debt of ₹255.0M, which brings its debt-to-equity ratio to 450.5%. Its total assets and total liabilities are ₹606.7M and ₹550.1M respectively.
Key information
450.5%
Debt to equity ratio
₹254.98m
Debt
Interest coverage ratio | n/a |
Cash | ₹855.00k |
Equity | ₹56.59m |
Total liabilities | ₹550.07m |
Total assets | ₹606.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538952's short term assets (₹598.5M) exceed its short term liabilities (₹295.1M).
Long Term Liabilities: 538952's short term assets (₹598.5M) exceed its long term liabilities (₹255.0M).
Debt to Equity History and Analysis
Debt Level: 538952's net debt to equity ratio (449%) is considered high.
Reducing Debt: 538952's debt to equity ratio has increased from 99.5% to 450.5% over the past 5 years.
Debt Coverage: 538952's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538952's interest payments on its debt are well covered by EBIT.