Archidply Industries Balance Sheet Health
Financial Health criteria checks 2/6
Archidply Industries has a total shareholder equity of ₹1.1B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are ₹2.9B and ₹1.8B respectively. Archidply Industries's EBIT is ₹185.2M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹39.1M.
Key information
105.3%
Debt to equity ratio
₹1.15b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹39.06m |
Equity | ₹1.09b |
Total liabilities | ₹1.80b |
Total assets | ₹2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532994's short term assets (₹1.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 532994's short term assets (₹1.7B) exceed its long term liabilities (₹533.6M).
Debt to Equity History and Analysis
Debt Level: 532994's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: 532994's debt to equity ratio has increased from 60.5% to 105.3% over the past 5 years.
Debt Coverage: 532994's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 532994's interest payments on its debt are not well covered by EBIT (2.9x coverage).