Aavas Financiers Balance Sheet Health
Financial Health criteria checks 2/6
Aavas Financiers has a total shareholder equity of ₹40.5B and total debt of ₹124.1B, which brings its debt-to-equity ratio to 306.5%. Its total assets and total liabilities are ₹168.9B and ₹128.4B respectively.
Key information
306.5%
Debt to equity ratio
₹124.08b
Debt
Interest coverage ratio | n/a |
Cash | ₹14.15b |
Equity | ₹40.48b |
Total liabilities | ₹128.37b |
Total assets | ₹168.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541988's short term assets (₹161.4B) exceed its short term liabilities (₹682.8M).
Long Term Liabilities: 541988's short term assets (₹161.4B) exceed its long term liabilities (₹127.7B).
Debt to Equity History and Analysis
Debt Level: 541988's net debt to equity ratio (271.5%) is considered high.
Reducing Debt: 541988's debt to equity ratio has increased from 215% to 306.5% 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.