Aviva Industries Balance Sheet Health
Financial Health criteria checks 1/6
Aviva Industries has a total shareholder equity of ₹31.1M and total debt of ₹7.6M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are ₹42.1M and ₹11.0M respectively.
Key information
24.4%
Debt to equity ratio
₹7.59m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹120.00k |
| Equity | ₹31.14m |
| Total liabilities | ₹10.97m |
| Total assets | ₹42.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512109's short term assets (₹2.0M) do not cover its short term liabilities (₹3.4M).
Long Term Liabilities: 512109's short term assets (₹2.0M) do not cover its long term liabilities (₹7.6M).
Debt to Equity History and Analysis
Debt Level: 512109's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: 512109's debt to equity ratio has increased from 4.3% to 24.4% over the past 5 years.
Debt Coverage: 512109's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 512109's interest payments on its debt are well covered by EBIT.