Akiko Global Services Balance Sheet Health
Financial Health criteria checks 4/6
Akiko Global Services has a total shareholder equity of ₹145.7M and total debt of ₹12.8M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ₹227.7M and ₹82.0M respectively. Akiko Global Services's EBIT is ₹49.3M making its interest coverage ratio 143.4. It has cash and short-term investments of ₹1.7M.
Key information
8.8%
Debt to equity ratio
₹12.80m
Debt
| Interest coverage ratio | 143.4x |
| Cash | ₹1.71m |
| Equity | ₹145.74m |
| Total liabilities | ₹81.96m |
| Total assets | ₹227.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKIKO's short term assets (₹222.6M) exceed its short term liabilities (₹68.4M).
Long Term Liabilities: AKIKO's short term assets (₹222.6M) exceed its long term liabilities (₹13.6M).
Debt to Equity History and Analysis
Debt Level: AKIKO's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AKIKO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AKIKO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKIKO's interest payments on its debt are well covered by EBIT (143.4x coverage).