Amarnath Securities Balance Sheet Health
Financial Health criteria checks 4/6
Amarnath Securities has a total shareholder equity of ₹42.3M and total debt of ₹5.7M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹49.4M and ₹7.1M respectively. Amarnath Securities's EBIT is ₹2.3M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹614.7K.
Key information
13.5%
Debt to equity ratio
₹5.73m
Debt
Interest coverage ratio | 5.3x |
Cash | ₹614.68k |
Equity | ₹42.33m |
Total liabilities | ₹7.07m |
Total assets | ₹49.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538465's short term assets (₹614.7K) do not cover its short term liabilities (₹7.1M).
Long Term Liabilities: 538465 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 538465's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 538465's debt to equity ratio has increased from 1.7% to 13.5% over the past 5 years.
Debt Coverage: 538465's debt is well covered by operating cash flow (715.2%).
Interest Coverage: 538465's interest payments on its debt are well covered by EBIT (5.3x coverage).