Abhinav Leasing and Finance Balance Sheet Health
Financial Health criteria checks 2/6
Abhinav Leasing and Finance has a total shareholder equity of ₹61.8M and total debt of ₹300.5M, which brings its debt-to-equity ratio to 486.4%. Its total assets and total liabilities are ₹412.9M and ₹351.1M respectively.
Key information
486.4%
Debt to equity ratio
₹300.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.90m |
| Equity | ₹61.78m |
| Total liabilities | ₹351.13m |
| Total assets | ₹412.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538952's short term assets (₹384.1M) exceed its short term liabilities (₹50.6M).
Long Term Liabilities: 538952's short term assets (₹384.1M) exceed its long term liabilities (₹300.5M).
Debt to Equity History and Analysis
Debt Level: 538952's net debt to equity ratio (475.2%) is considered high.
Reducing Debt: 538952's debt to equity ratio has increased from 0% to 486.4% 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.