Asian Energy Services Balance Sheet Health
Financial Health criteria checks 4/6
Asian Energy Services has a total shareholder equity of ₹2.8B and total debt of ₹212.5M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹3.8B and ₹1.1B respectively. Asian Energy Services's EBIT is ₹248.0M making its interest coverage ratio 12. It has cash and short-term investments of ₹423.2M.
Key information
7.6%
Debt to equity ratio
₹212.55m
Debt
Interest coverage ratio | 12x |
Cash | ₹423.17m |
Equity | ₹2.78b |
Total liabilities | ₹1.06b |
Total assets | ₹3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530355's short term assets (₹2.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 530355's short term assets (₹2.2B) exceed its long term liabilities (₹46.8M).
Debt to Equity History and Analysis
Debt Level: 530355 has more cash than its total debt.
Reducing Debt: 530355's debt to equity ratio has increased from 6.6% to 7.6% over the past 5 years.
Debt Coverage: 530355's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530355's interest payments on its debt are well covered by EBIT (12x coverage).