Assam Entrade Balance Sheet Health
Financial Health criteria checks 6/6
Assam Entrade has a total shareholder equity of ₹649.9M and total debt of ₹7.3M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹659.2M and ₹9.4M respectively. Assam Entrade's EBIT is ₹26.1M making its interest coverage ratio 12.4. It has cash and short-term investments of ₹5.6M.
Key information
1.1%
Debt to equity ratio
₹7.32m
Debt
Interest coverage ratio | 12.4x |
Cash | ₹5.60m |
Equity | ₹649.86m |
Total liabilities | ₹9.35m |
Total assets | ₹659.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542911's short term assets (₹443.8M) exceed its short term liabilities (₹9.4M).
Long Term Liabilities: 542911 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 542911's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 542911's debt to equity ratio has reduced from 6.9% to 1.1% over the past 5 years.
Debt Coverage: 542911's debt is well covered by operating cash flow (277.6%).
Interest Coverage: 542911's interest payments on its debt are well covered by EBIT (12.4x coverage).