Amkay Products Balance Sheet Health
Financial Health criteria checks 3/6
Amkay Products has a total shareholder equity of ₹100.0M and total debt of ₹54.6M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are ₹179.5M and ₹79.5M respectively. Amkay Products's EBIT is ₹30.4M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹7.7M.
Key information
54.6%
Debt to equity ratio
₹54.62m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹7.75m |
| Equity | ₹100.02m |
| Total liabilities | ₹79.47m |
| Total assets | ₹179.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544169's short term assets (₹121.4M) exceed its short term liabilities (₹66.0M).
Long Term Liabilities: 544169's short term assets (₹121.4M) exceed its long term liabilities (₹13.5M).
Debt to Equity History and Analysis
Debt Level: 544169's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: Insufficient data to determine if 544169's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544169's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544169's interest payments on its debt are well covered by EBIT (6.9x coverage).