Apoorva Leasing Finance and Investment Balance Sheet Health
Financial Health criteria checks 4/6
Apoorva Leasing Finance and Investment has a total shareholder equity of ₹1.5B and total debt of ₹450.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are ₹1.5B and ₹28.0M respectively.
Key information
0.03%
Debt to equity ratio
₹450.00k
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.75m |
| Equity | ₹1.48b |
| Total liabilities | ₹27.98m |
| Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539545's short term assets (₹636.8M) exceed its short term liabilities (₹28.0M).
Long Term Liabilities: 539545 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539545 has more cash than its total debt.
Reducing Debt: 539545's debt to equity ratio has reduced from 0.6% to 0.03% over the past 5 years.
Debt Coverage: 539545's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 539545's interest payments on its debt are well covered by EBIT.