Avadh Sugar & Energy Balance Sheet Health
Financial Health criteria checks 5/6
Avadh Sugar & Energy has a total shareholder equity of ₹9.7B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are ₹17.7B and ₹8.0B respectively. Avadh Sugar & Energy's EBIT is ₹3.0B making its interest coverage ratio 4. It has cash and short-term investments of ₹33.1M.
Key information
68.1%
Debt to equity ratio
₹6.62b
Debt
Interest coverage ratio | 4x |
Cash | ₹33.09m |
Equity | ₹9.73b |
Total liabilities | ₹7.97b |
Total assets | ₹17.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540649's short term assets (₹4.6B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 540649's short term assets (₹4.6B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: 540649's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 540649's debt to equity ratio has reduced from 225.3% to 68.1% over the past 5 years.
Debt Coverage: 540649's debt is well covered by operating cash flow (55.5%).
Interest Coverage: 540649's interest payments on its debt are well covered by EBIT (4x coverage).