Asian Energy Services Balance Sheet Health
Financial Health criteria checks 5/6
Asian Energy Services has a total shareholder equity of ₹3.3B and total debt of ₹115.2M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹4.4B and ₹1.1B respectively. Asian Energy Services's EBIT is ₹440.9M making its interest coverage ratio -129.5. It has cash and short-term investments of ₹949.0M.
Key information
3.5%
Debt to equity ratio
₹115.20m
Debt
| Interest coverage ratio | -129.5x |
| Cash | ₹949.02m |
| Equity | ₹3.28b |
| Total liabilities | ₹1.10b |
| Total assets | ₹4.38b |
Recent financial health updates
Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Asian Energy Services' (NSE:ASIANENE) Profit
Nov 20
Subdued Growth No Barrier To Asian Energy Services Limited's (NSE:ASIANENE) Price
Aug 08Is Asian Energy Services (NSE:ASIANENE) A Risky Investment?
Jun 28Asian Energy Services' (NSE:ASIANENE) Shareholders Should Assess Earnings With Caution
May 11Asian Energy Services Limited (NSE:ASIANENE) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Mar 16Subdued Growth No Barrier To Asian Energy Services Limited (NSE:ASIANENE) With Shares Advancing 41%
Dec 18Lacklustre Performance Is Driving Asian Energy Services Limited's (NSE:ASIANENE) Low P/E
Dec 14Financial Position Analysis
Short Term Liabilities: ASIANENE's short term assets (₹3.0B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: ASIANENE's short term assets (₹3.0B) exceed its long term liabilities (₹46.4M).
Debt to Equity History and Analysis
Debt Level: ASIANENE has more cash than its total debt.
Reducing Debt: ASIANENE's debt to equity ratio has reduced from 12.1% to 3.5% over the past 5 years.
Debt Coverage: ASIANENE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASIANENE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:49 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asian Energy Services Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siddharth Chauhan | Batlivala & Karani Securities India Pvt. Ltd. |