Asian Tea and Exports Balance Sheet Health
Financial Health criteria checks 5/6
Asian Tea and Exports has a total shareholder equity of ₹609.3M and total debt of ₹222.4M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹902.6M and ₹293.3M respectively.
Key information
36.5%
Debt to equity ratio
₹222.39m
Debt
Interest coverage ratio | n/a |
Cash | ₹6.11m |
Equity | ₹609.34m |
Total liabilities | ₹293.28m |
Total assets | ₹902.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519532's short term assets (₹461.8M) exceed its short term liabilities (₹254.9M).
Long Term Liabilities: 519532's short term assets (₹461.8M) exceed its long term liabilities (₹38.4M).
Debt to Equity History and Analysis
Debt Level: 519532's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 519532's debt to equity ratio has reduced from 96.1% to 36.5% over the past 5 years.
Debt Coverage: 519532's debt is well covered by operating cash flow (35.6%).
Interest Coverage: Insufficient data to determine if 519532's interest payments on its debt are well covered by EBIT.