Arfin India Balance Sheet Health
Financial Health criteria checks 2/6
Arfin India has a total shareholder equity of ₹921.4M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 124.2%. Its total assets and total liabilities are ₹3.0B and ₹2.1B respectively. Arfin India's EBIT is ₹250.5M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹25.0M.
Key information
124.2%
Debt to equity ratio
₹1.14b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹24.97m |
Equity | ₹921.38m |
Total liabilities | ₹2.07b |
Total assets | ₹2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539151's short term assets (₹2.3B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 539151's short term assets (₹2.3B) exceed its long term liabilities (₹330.2M).
Debt to Equity History and Analysis
Debt Level: 539151's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: 539151's debt to equity ratio has increased from 103.5% to 124.2% over the past 5 years.
Debt Coverage: 539151's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: 539151's interest payments on its debt are not well covered by EBIT (1.6x coverage).