Asahi Songwon Colors Balance Sheet Health
Financial Health criteria checks 3/6
Asahi Songwon Colors has a total shareholder equity of ₹2.8B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ₹5.4B and ₹2.6B respectively.
Key information
55.6%
Debt to equity ratio
₹1.54b
Debt
Interest coverage ratio | n/a |
Cash | ₹74.95m |
Equity | ₹2.77b |
Total liabilities | ₹2.59b |
Total assets | ₹5.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532853's short term assets (₹2.2B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 532853's short term assets (₹2.2B) exceed its long term liabilities (₹948.8M).
Debt to Equity History and Analysis
Debt Level: 532853's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 532853's debt to equity ratio has increased from 34.1% to 55.6% over the past 5 years.
Debt Coverage: 532853's debt is well covered by operating cash flow (54.5%).
Interest Coverage: Insufficient data to determine if 532853's interest payments on its debt are well covered by EBIT.