Avanti Feeds Balance Sheet Health
Financial Health criteria checks 5/6
Avanti Feeds has a total shareholder equity of ₹28.7B and total debt of ₹139.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹34.4B and ₹5.7B respectively. Avanti Feeds's EBIT is ₹4.7B making its interest coverage ratio -7.3. It has cash and short-term investments of ₹19.4B.
Key information
0.5%
Debt to equity ratio
₹139.40m
Debt
| Interest coverage ratio | -7.3x |
| Cash | ₹19.45b |
| Equity | ₹28.70b |
| Total liabilities | ₹5.74b |
| Total assets | ₹34.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512573's short term assets (₹28.1B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 512573's short term assets (₹28.1B) exceed its long term liabilities (₹580.0M).
Debt to Equity History and Analysis
Debt Level: 512573 has more cash than its total debt.
Reducing Debt: 512573's debt to equity ratio has increased from 0.03% to 0.5% over the past 5 years.
Debt Coverage: 512573's debt is well covered by operating cash flow (3417.5%).
Interest Coverage: 512573 earns more interest than it pays, so coverage of interest payments is not a concern.