Andhra Paper Balance Sheet Health
Financial Health criteria checks 6/6
Andhra Paper has a total shareholder equity of ₹17.6B and total debt of ₹144.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹22.2B and ₹4.6B respectively. Andhra Paper's EBIT is ₹5.6B making its interest coverage ratio -19.4. It has cash and short-term investments of ₹9.0B.
Key information
0.8%
Debt to equity ratio
₹144.01m
Debt
Interest coverage ratio | -19.4x |
Cash | ₹9.04b |
Equity | ₹17.58b |
Total liabilities | ₹4.61b |
Total assets | ₹22.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502330's short term assets (₹12.6B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 502330's short term assets (₹12.6B) exceed its long term liabilities (₹859.6M).
Debt to Equity History and Analysis
Debt Level: 502330 has more cash than its total debt.
Reducing Debt: 502330's debt to equity ratio has reduced from 14% to 0.8% over the past 5 years.
Debt Coverage: 502330's debt is well covered by operating cash flow (4327.4%).
Interest Coverage: 502330 earns more interest than it pays, so coverage of interest payments is not a concern.