Amic Forging Balance Sheet Health
Financial Health criteria checks 4/6
Amic Forging has a total shareholder equity of ₹873.3M and total debt of ₹35.1M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹1.1B and ₹221.2M respectively. Amic Forging's EBIT is ₹353.0M making its interest coverage ratio -65.8. It has cash and short-term investments of ₹210.4M.
Key information
4.0%
Debt to equity ratio
₹35.05m
Debt
| Interest coverage ratio | -65.8x |
| Cash | ₹210.35m |
| Equity | ₹873.26m |
| Total liabilities | ₹221.23m |
| Total assets | ₹1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544037's short term assets (₹531.5M) exceed its short term liabilities (₹181.7M).
Long Term Liabilities: 544037's short term assets (₹531.5M) exceed its long term liabilities (₹39.6M).
Debt to Equity History and Analysis
Debt Level: 544037 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544037's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544037's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544037 earns more interest than it pays, so coverage of interest payments is not a concern.