Aarti Industries Balance Sheet Health
Financial Health criteria checks 4/6
Aarti Industries has a total shareholder equity of ₹52.9B and total debt of ₹31.8B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are ₹96.2B and ₹43.3B respectively. Aarti Industries's EBIT is ₹6.1B making its interest coverage ratio 3.3. It has cash and short-term investments of ₹1.3B.
Key information
60.2%
Debt to equity ratio
₹31.84b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹1.28b |
Equity | ₹52.90b |
Total liabilities | ₹43.25b |
Total assets | ₹96.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524208's short term assets (₹24.7B) do not cover its short term liabilities (₹25.8B).
Long Term Liabilities: 524208's short term assets (₹24.7B) exceed its long term liabilities (₹17.5B).
Debt to Equity History and Analysis
Debt Level: 524208's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 524208's debt to equity ratio has reduced from 88.4% to 60.2% over the past 5 years.
Debt Coverage: 524208's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 524208's interest payments on its debt are well covered by EBIT (3.3x coverage).