Ashirwad Steels & Industries Balance Sheet Health
Financial Health criteria checks 6/6
Ashirwad Steels & Industries has a total shareholder equity of ₹820.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹821.1M and ₹361.0K respectively. Ashirwad Steels & Industries's EBIT is ₹7.8M making its interest coverage ratio -0.3. It has cash and short-term investments of ₹3.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₹3.68m |
| Equity | ₹820.74m |
| Total liabilities | ₹361.00k |
| Total assets | ₹821.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526847's short term assets (₹148.7M) exceed its short term liabilities (₹361.0K).
Long Term Liabilities: 526847 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526847 is debt free.
Reducing Debt: 526847 has no debt compared to 5 years ago when its debt to equity ratio was 2%.
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.