ASI Industries Balance Sheet Health
Financial Health criteria checks 6/6
ASI Industries has a total shareholder equity of ₹3.1B and total debt of ₹165.4M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹3.6B and ₹533.1M respectively. ASI Industries's EBIT is ₹383.1M making its interest coverage ratio -6.7. It has cash and short-term investments of ₹566.6M.
Key information
5.4%
Debt to equity ratio
₹165.36m
Debt
Interest coverage ratio | -6.7x |
Cash | ₹566.65m |
Equity | ₹3.07b |
Total liabilities | ₹533.13m |
Total assets | ₹3.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502015's short term assets (₹1.4B) exceed its short term liabilities (₹515.8M).
Long Term Liabilities: 502015's short term assets (₹1.4B) exceed its long term liabilities (₹17.3M).
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 71.6% to 5.4% over the past 5 years.
Debt Coverage: 502015's debt is well covered by operating cash flow (124.2%).
Interest Coverage: 502015 earns more interest than it pays, so coverage of interest payments is not a concern.