Amal Balance Sheet Health
Financial Health criteria checks 3/6
Amal has a total shareholder equity of ₹698.9M and total debt of ₹237.1M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ₹1.1B and ₹365.2M respectively. Amal's EBIT is ₹63.3M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹11.8M.
Key information
33.9%
Debt to equity ratio
₹237.14m
Debt
Interest coverage ratio | 1.7x |
Cash | ₹11.81m |
Equity | ₹698.93m |
Total liabilities | ₹365.25m |
Total assets | ₹1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506597's short term assets (₹172.1M) do not cover its short term liabilities (₹173.2M).
Long Term Liabilities: 506597's short term assets (₹172.1M) do not cover its long term liabilities (₹192.1M).
Debt to Equity History and Analysis
Debt Level: 506597's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: 506597's debt to equity ratio has reduced from 72.4% to 33.9% over the past 5 years.
Debt Coverage: 506597's debt is well covered by operating cash flow (89.2%).
Interest Coverage: 506597's interest payments on its debt are not well covered by EBIT (1.7x coverage).