Avanti Feeds Balance Sheet Health
Financial Health criteria checks 6/6
Avanti Feeds has a total shareholder equity of ₹24.9B and total debt of ₹100.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹29.7B and ₹4.9B respectively. Avanti Feeds's EBIT is ₹4.1B making its interest coverage ratio -15.1. It has cash and short-term investments of ₹15.5B.
Key information
0.4%
Debt to equity ratio
₹100.63m
Debt
Interest coverage ratio | -15.1x |
Cash | ₹15.52b |
Equity | ₹24.86b |
Total liabilities | ₹4.88b |
Total assets | ₹29.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512573's short term assets (₹24.2B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 512573's short term assets (₹24.2B) exceed its long term liabilities (₹494.3M).
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 reduced from 3.4% to 0.4% over the past 5 years.
Debt Coverage: 512573's debt is well covered by operating cash flow (4091.6%).
Interest Coverage: 512573 earns more interest than it pays, so coverage of interest payments is not a concern.