Ascom Leasing & Investments Balance Sheet Health
Financial Health criteria checks 4/6
Ascom Leasing & Investments has a total shareholder equity of ₹422.5M and total debt of ₹21.9M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹458.0M and ₹35.5M respectively.
Key information
5.2%
Debt to equity ratio
₹21.86m
Debt
Interest coverage ratio | n/a |
Cash | ₹27.76m |
Equity | ₹422.47m |
Total liabilities | ₹35.49m |
Total assets | ₹457.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASCOM's short term assets (₹455.7M) exceed its short term liabilities (₹14.2M).
Long Term Liabilities: ASCOM's short term assets (₹455.7M) exceed its long term liabilities (₹21.3M).
Debt to Equity History and Analysis
Debt Level: ASCOM has more cash than its total debt.
Reducing Debt: ASCOM's debt to equity ratio has reduced from 61.5% to 5.2% over the past 5 years.
Debt Coverage: ASCOM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASCOM's interest payments on its debt are well covered by EBIT.