Aavas Financiers Balance Sheet Health
Financial Health criteria checks 2/6
Aavas Financiers has a total shareholder equity of ₹37.7B and total debt of ₹123.4B, which brings its debt-to-equity ratio to 326.9%. Its total assets and total liabilities are ₹165.2B and ₹127.5B respectively.
Key information
326.9%
Debt to equity ratio
₹123.36b
Debt
Interest coverage ratio | n/a |
Cash | ₹17.98b |
Equity | ₹37.73b |
Total liabilities | ₹127.46b |
Total assets | ₹165.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541988's short term assets (₹162.1B) exceed its short term liabilities (₹309.4M).
Long Term Liabilities: 541988's short term assets (₹162.1B) exceed its long term liabilities (₹127.2B).
Debt to Equity History and Analysis
Debt Level: 541988's net debt to equity ratio (279.3%) is considered high.
Reducing Debt: 541988's debt to equity ratio has increased from 198.9% to 326.9% over the past 5 years.
Debt Coverage: 541988's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 541988's interest payments on its debt are well covered by EBIT.