Akme Fintrade (India) Balance Sheet Health
Financial Health criteria checks 4/6
Akme Fintrade (India) has a total shareholder equity of ₹3.6B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ₹5.7B and ₹2.1B respectively.
Key information
57.1%
Debt to equity ratio
₹2.04b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹811.24m |
| Equity | ₹3.57b |
| Total liabilities | ₹2.11b |
| Total assets | ₹5.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544200's short term assets (₹5.4B) exceed its short term liabilities (₹83.9M).
Long Term Liabilities: 544200's short term assets (₹5.4B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 544200's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 544200's debt to equity ratio has reduced from 293.3% to 57.1% over the past 5 years.
Debt Coverage: 544200's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 544200's interest payments on its debt are well covered by EBIT.