Asian Tea & Exports Balance Sheet Health
Financial Health criteria checks 5/6
Asian Tea & Exports has a total shareholder equity of ₹602.8M and total debt of ₹245.7M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are ₹939.3M and ₹336.5M respectively.
Key information
40.8%
Debt to equity ratio
₹245.69m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.35m |
| Equity | ₹602.79m |
| Total liabilities | ₹336.49m |
| Total assets | ₹939.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519532's short term assets (₹505.6M) exceed its short term liabilities (₹302.5M).
Long Term Liabilities: 519532's short term assets (₹505.6M) exceed its long term liabilities (₹34.0M).
Debt to Equity History and Analysis
Debt Level: 519532's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 519532's debt to equity ratio has reduced from 119.4% to 40.8% over the past 5 years.
Debt Coverage: 519532's debt is well covered by operating cash flow (21.5%).
Interest Coverage: Insufficient data to determine if 519532's interest payments on its debt are well covered by EBIT.