Arfin India Balance Sheet Health
Financial Health criteria checks 3/6
Arfin India has a total shareholder equity of ₹1.5B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are ₹3.5B and ₹1.9B respectively. Arfin India's EBIT is ₹302.6M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹141.1M.
Key information
86.2%
Debt to equity ratio
₹1.33b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹141.12m |
| Equity | ₹1.54b |
| Total liabilities | ₹1.92b |
| Total assets | ₹3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539151's short term assets (₹2.8B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 539151's short term assets (₹2.8B) exceed its long term liabilities (₹304.3M).
Debt to Equity History and Analysis
Debt Level: 539151's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: 539151's debt to equity ratio has reduced from 138.2% to 86.2% over the past 5 years.
Debt Coverage: 539151's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539151's interest payments on its debt are not well covered by EBIT (1.7x coverage).