Akiko Global Services Balance Sheet Health
Financial Health criteria checks 5/6
Akiko Global Services has a total shareholder equity of ₹57.8M and total debt of ₹9.6M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ₹113.1M and ₹55.2M respectively. Akiko Global Services's EBIT is ₹61.2M making its interest coverage ratio 234.6. It has cash and short-term investments of ₹12.3M.
Key information
16.6%
Debt to equity ratio
₹9.59m
Debt
| Interest coverage ratio | 234.6x |
| Cash | ₹12.30m |
| Equity | ₹57.84m |
| Total liabilities | ₹55.25m |
| Total assets | ₹113.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKIKO's short term assets (₹106.3M) exceed its short term liabilities (₹44.2M).
Long Term Liabilities: AKIKO's short term assets (₹106.3M) exceed its long term liabilities (₹11.0M).
Debt to Equity History and Analysis
Debt Level: AKIKO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AKIKO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AKIKO's debt is well covered by operating cash flow (54.9%).
Interest Coverage: AKIKO's interest payments on its debt are well covered by EBIT (234.6x coverage).