Akme Fintrade (India) Balance Sheet Health
Financial Health criteria checks 3/6
Akme Fintrade (India) has a total shareholder equity of ₹2.2B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are ₹4.4B and ₹2.1B respectively.
Key information
91.7%
Debt to equity ratio
₹2.05b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹104.88m |
| Equity | ₹2.23b |
| Total liabilities | ₹2.13b |
| Total assets | ₹4.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544200's short term assets (₹4.2B) exceed its short term liabilities (₹927.7M).
Long Term Liabilities: 544200's short term assets (₹4.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 544200's net debt to equity ratio (87%) is considered high.
Reducing Debt: 544200's debt to equity ratio has reduced from 366.9% to 91.7% 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.