Associated Alcohols & Breweries Balance Sheet Health
Financial Health criteria checks 5/6
Associated Alcohols & Breweries has a total shareholder equity of ₹4.5B and total debt of ₹871.9M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹6.5B and ₹2.0B respectively. Associated Alcohols & Breweries's EBIT is ₹759.9M making its interest coverage ratio -9046.5. It has cash and short-term investments of ₹559.5M.
Key information
19.3%
Debt to equity ratio
₹871.90m
Debt
| Interest coverage ratio | -9046.5x |
| Cash | ₹559.48m |
| Equity | ₹4.52b |
| Total liabilities | ₹2.02b |
| Total assets | ₹6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507526's short term assets (₹2.5B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 507526's short term assets (₹2.5B) exceed its long term liabilities (₹546.4M).
Debt to Equity History and Analysis
Debt Level: 507526's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 507526's debt to equity ratio has increased from 6% to 19.3% over the past 5 years.
Debt Coverage: 507526's debt is well covered by operating cash flow (82.3%).
Interest Coverage: 507526 earns more interest than it pays, so coverage of interest payments is not a concern.