Ambica Agarbathies Aroma & Industries Balance Sheet Health
Financial Health criteria checks 1/6
Ambica Agarbathies Aroma & Industries has a total shareholder equity of ₹1.0B and total debt of ₹825.0M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are ₹2.2B and ₹1.2B respectively. Ambica Agarbathies Aroma & Industries's EBIT is ₹85.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹16.3M.
Key information
79.3%
Debt to equity ratio
₹825.01m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹16.34m |
| Equity | ₹1.04b |
| Total liabilities | ₹1.18b |
| Total assets | ₹2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532335's short term assets (₹856.1M) exceed its short term liabilities (₹267.3M).
Long Term Liabilities: 532335's short term assets (₹856.1M) do not cover its long term liabilities (₹915.1M).
Debt to Equity History and Analysis
Debt Level: 532335's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: 532335's debt to equity ratio has increased from 70% to 79.3% over the past 5 years.
Debt Coverage: 532335's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532335's interest payments on its debt are not well covered by EBIT (1.1x coverage).