Ashika Credit Capital Balance Sheet Health
Financial Health criteria checks 2/6
Ashika Credit Capital has a total shareholder equity of ₹2.2B and total debt of ₹503.2M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ₹2.9B and ₹705.3M respectively.
Key information
22.8%
Debt to equity ratio
₹503.21m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.78m |
| Equity | ₹2.21b |
| Total liabilities | ₹705.26m |
| Total assets | ₹2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543766's short term assets (₹135.0M) do not cover its short term liabilities (₹679.8M).
Long Term Liabilities: 543766's short term assets (₹135.0M) exceed its long term liabilities (₹25.5M).
Debt to Equity History and Analysis
Debt Level: 543766's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 543766's debt to equity ratio has increased from 5.3% to 22.8% over the past 5 years.
Debt Coverage: 543766's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543766's interest payments on its debt are well covered by EBIT.