Advik Capital Balance Sheet Health
Financial Health criteria checks 2/6
Advik Capital has a total shareholder equity of ₹1.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are ₹2.4B and ₹1.3B respectively. Advik Capital's EBIT is ₹172.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹12.6M.
Key information
100.1%
Debt to equity ratio
₹1.15b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹12.59m |
| Equity | ₹1.15b |
| Total liabilities | ₹1.27b |
| Total assets | ₹2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539773's short term assets (₹2.2B) exceed its short term liabilities (₹53.4M).
Long Term Liabilities: 539773's short term assets (₹2.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 539773's net debt to equity ratio (99%) is considered high.
Reducing Debt: 539773's debt to equity ratio has increased from 14.7% to 100.1% 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 (2.2x coverage).