Ashirwad Steels & Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ashirwad Steels & Industries has a total shareholder equity of ₹793.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹794.2M and ₹947.0K respectively. Ashirwad Steels & Industries's EBIT is ₹14.2M making its interest coverage ratio -0.6. It has cash and short-term investments of ₹3.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -0.6x |
Cash | ₹2.98m |
Equity | ₹793.21m |
Total liabilities | ₹947.00k |
Total assets | ₹794.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526847's short term assets (₹111.7M) exceed its short term liabilities (₹948.0K).
Long Term Liabilities: 526847's short term assets (₹111.7M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 526847 is debt free.
Reducing Debt: 526847 had no debt 5 years ago.
Debt Coverage: 526847 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 526847 has no debt, therefore coverage of interest payments is not a concern.