Ambica Agarbathies Aroma & Industries Balance Sheet Health
Financial Health criteria checks 2/6
Ambica Agarbathies Aroma & Industries has a total shareholder equity of ₹1.0B and total debt of ₹660.1M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₹2.1B and ₹1.1B respectively. Ambica Agarbathies Aroma & Industries's EBIT is ₹64.5M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹13.7M.
Key information
64.8%
Debt to equity ratio
₹660.12m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹13.69m |
Equity | ₹1.02b |
Total liabilities | ₹1.11b |
Total assets | ₹2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532335's short term assets (₹774.7M) exceed its short term liabilities (₹242.6M).
Long Term Liabilities: 532335's short term assets (₹774.7M) do not cover its long term liabilities (₹869.5M).
Debt to Equity History and Analysis
Debt Level: 532335's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: 532335's debt to equity ratio has reduced from 81.5% to 64.8% over the past 5 years.
Debt Coverage: 532335's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 532335's interest payments on its debt are not well covered by EBIT (1.3x coverage).