Alkali Metals Balance Sheet Health
Financial Health criteria checks 5/6
Alkali Metals has a total shareholder equity of ₹513.5M and total debt of ₹179.2M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ₹1.1B and ₹580.3M respectively. Alkali Metals's EBIT is ₹35.7M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹2.3M.
Key information
34.9%
Debt to equity ratio
₹179.23m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹2.32m |
Equity | ₹513.46m |
Total liabilities | ₹580.27m |
Total assets | ₹1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533029's short term assets (₹552.4M) exceed its short term liabilities (₹480.6M).
Long Term Liabilities: 533029's short term assets (₹552.4M) exceed its long term liabilities (₹99.6M).
Debt to Equity History and Analysis
Debt Level: 533029's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: 533029's debt to equity ratio has reduced from 35% to 34.9% over the past 5 years.
Debt Coverage: 533029's debt is well covered by operating cash flow (35.1%).
Interest Coverage: 533029's interest payments on its debt are not well covered by EBIT (1.4x coverage).