Advik Capital Balance Sheet Health
Financial Health criteria checks 2/6
Advik Capital has a total shareholder equity of ₹1.1B and total debt of ₹786.7M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are ₹2.0B and ₹904.8M respectively. Advik Capital's EBIT is ₹80.0M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹10.8M.
Key information
69.2%
Debt to equity ratio
₹786.72m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹10.77m |
Equity | ₹1.14b |
Total liabilities | ₹904.80m |
Total assets | ₹2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539773's short term assets (₹1.8B) exceed its short term liabilities (₹49.1M).
Long Term Liabilities: 539773's short term assets (₹1.8B) exceed its long term liabilities (₹855.7M).
Debt to Equity History and Analysis
Debt Level: 539773's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 539773's debt to equity ratio has increased from 8.5% to 69.2% over the past 5 years.
Debt Coverage: 539773's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539773's interest payments on its debt are not well covered by EBIT (1.1x coverage).