Ajanta Soya Balance Sheet Health
Financial Health criteria checks 5/6
Ajanta Soya has a total shareholder equity of ₹1.3B and total debt of ₹3.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹2.2B and ₹857.5M respectively. Ajanta Soya's EBIT is ₹77.7M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹458.7M.
Key information
0.2%
Debt to equity ratio
₹3.20m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹458.67m |
| Equity | ₹1.31b |
| Total liabilities | ₹857.51m |
| Total assets | ₹2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519216's short term assets (₹1.6B) exceed its short term liabilities (₹785.4M).
Long Term Liabilities: 519216's short term assets (₹1.6B) exceed its long term liabilities (₹72.1M).
Debt to Equity History and Analysis
Debt Level: 519216 has more cash than its total debt.
Reducing Debt: 519216's debt to equity ratio has reduced from 38.2% to 0.2% over the past 5 years.
Debt Coverage: 519216's debt is well covered by operating cash flow (7850.8%).
Interest Coverage: 519216's interest payments on its debt are not well covered by EBIT (1.7x coverage).