Associated Alcohols & Breweries Balance Sheet Health
Financial Health criteria checks 4/6
Associated Alcohols & Breweries has a total shareholder equity of ₹3.9B and total debt of ₹923.4M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ₹5.7B and ₹1.8B respectively. Associated Alcohols & Breweries's EBIT is ₹602.5M making its interest coverage ratio -16.4. It has cash and short-term investments of ₹727.1M.
Key information
23.8%
Debt to equity ratio
₹923.38m
Debt
Interest coverage ratio | -16.4x |
Cash | ₹727.08m |
Equity | ₹3.87b |
Total liabilities | ₹1.83b |
Total assets | ₹5.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507526's short term assets (₹2.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 507526's short term assets (₹2.4B) exceed its long term liabilities (₹694.7M).
Debt to Equity History and Analysis
Debt Level: 507526's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 507526's debt to equity ratio has increased from 13.2% to 23.8% over the past 5 years.
Debt Coverage: 507526's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 507526 earns more interest than it pays, so coverage of interest payments is not a concern.