Aviva Industries Balance Sheet Health
Financial Health criteria checks 2/6
Aviva Industries has a total shareholder equity of ₹31.5M and total debt of ₹7.6M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ₹45.0M and ₹13.5M respectively. Aviva Industries's EBIT is ₹153.0K making its interest coverage ratio -13.9. It has cash and short-term investments of ₹145.0K.
Key information
24.1%
Debt to equity ratio
₹7.59m
Debt
Interest coverage ratio | -13.9x |
Cash | ₹145.00k |
Equity | ₹31.49m |
Total liabilities | ₹13.46m |
Total assets | ₹44.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512109's short term assets (₹4.9M) do not cover its short term liabilities (₹5.8M).
Long Term Liabilities: 512109's short term assets (₹4.9M) do not cover its long term liabilities (₹7.7M).
Debt to Equity History and Analysis
Debt Level: 512109's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 512109's debt to equity ratio has increased from 2.1% to 24.1% over the past 5 years.
Debt Coverage: 512109's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512109 earns more interest than it pays, so coverage of interest payments is not a concern.