Anjani Foods Balance Sheet Health
Financial Health criteria checks 2/6
Anjani Foods has a total shareholder equity of ₹137.8M and total debt of ₹89.5M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are ₹369.1M and ₹231.3M respectively. Anjani Foods's EBIT is ₹24.8M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹4.0M.
Key information
64.9%
Debt to equity ratio
₹89.51m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹4.04m |
| Equity | ₹137.83m |
| Total liabilities | ₹231.30m |
| Total assets | ₹369.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511153's short term assets (₹67.5M) do not cover its short term liabilities (₹106.3M).
Long Term Liabilities: 511153's short term assets (₹67.5M) do not cover its long term liabilities (₹125.0M).
Debt to Equity History and Analysis
Debt Level: 511153's net debt to equity ratio (62%) is considered high.
Reducing Debt: 511153's debt to equity ratio has increased from 53% to 64.9% over the past 5 years.
Debt Coverage: 511153's debt is well covered by operating cash flow (73.4%).
Interest Coverage: 511153's interest payments on its debt are well covered by EBIT (3.7x coverage).