Andhra Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Andhra Sugars has a total shareholder equity of ₹16.5B and total debt of ₹170.3M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹20.2B and ₹3.7B respectively. Andhra Sugars's EBIT is ₹664.3M making its interest coverage ratio -6.2. It has cash and short-term investments of ₹2.2B.
Key information
1.0%
Debt to equity ratio
₹170.26m
Debt
Interest coverage ratio | -6.2x |
Cash | ₹2.16b |
Equity | ₹16.46b |
Total liabilities | ₹3.73b |
Total assets | ₹20.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590062's short term assets (₹8.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 590062's short term assets (₹8.3B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 590062 has more cash than its total debt.
Reducing Debt: 590062's debt to equity ratio has reduced from 24.7% to 1% over the past 5 years.
Debt Coverage: 590062's debt is well covered by operating cash flow (1656%).
Interest Coverage: 590062 earns more interest than it pays, so coverage of interest payments is not a concern.