Abans Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Abans Holdings has a total shareholder equity of ₹10.1B and total debt of ₹9.3B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are ₹29.0B and ₹18.8B respectively. Abans Holdings's EBIT is ₹1.5B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹11.1B.
Key information
91.7%
Debt to equity ratio
₹9.29b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹11.09b |
Equity | ₹10.13b |
Total liabilities | ₹18.85b |
Total assets | ₹28.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543712's short term assets (₹26.9B) exceed its short term liabilities (₹16.8B).
Long Term Liabilities: 543712's short term assets (₹26.9B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 543712 has more cash than its total debt.
Reducing Debt: 543712's debt to equity ratio has reduced from 92.1% to 91.7% over the past 5 years.
Debt Coverage: 543712's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 543712's interest payments on its debt are not well covered by EBIT (2.9x coverage).