ASI Industries Balance Sheet Health
Financial Health criteria checks 6/6
ASI Industries has a total shareholder equity of ₹3.2B and total debt of ₹53.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹3.6B and ₹347.7M respectively. ASI Industries's EBIT is ₹154.1M making its interest coverage ratio -1.4. It has cash and short-term investments of ₹627.4M.
Key information
1.6%
Debt to equity ratio
₹52.99m
Debt
| Interest coverage ratio | -1.4x |
| Cash | ₹627.38m |
| Equity | ₹3.23b |
| Total liabilities | ₹347.74m |
| Total assets | ₹3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502015's short term assets (₹1.5B) exceed its short term liabilities (₹310.8M).
Long Term Liabilities: 502015's short term assets (₹1.5B) exceed its long term liabilities (₹37.0M).
Debt to Equity History and Analysis
Debt Level: 502015 has more cash than its total debt.
Reducing Debt: 502015's debt to equity ratio has reduced from 83.1% to 1.6% over the past 5 years.
Debt Coverage: 502015's debt is well covered by operating cash flow (648.6%).
Interest Coverage: 502015 earns more interest than it pays, so coverage of interest payments is not a concern.