Ahimsa Industries Balance Sheet Health
Financial Health criteria checks 4/6
Ahimsa Industries has a total shareholder equity of ₹134.2M and total debt of ₹30.9M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are ₹189.0M and ₹54.8M respectively.
Key information
23.0%
Debt to equity ratio
₹30.86m
Debt
Interest coverage ratio | n/a |
Cash | ₹5.53m |
Equity | ₹134.15m |
Total liabilities | ₹54.82m |
Total assets | ₹188.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AHIMSA's short term assets (₹129.5M) exceed its short term liabilities (₹48.9M).
Long Term Liabilities: AHIMSA's short term assets (₹129.5M) exceed its long term liabilities (₹6.0M).
Debt to Equity History and Analysis
Debt Level: AHIMSA's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: AHIMSA's debt to equity ratio has reduced from 57.4% to 23% over the past 5 years.
Debt Coverage: AHIMSA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AHIMSA's interest payments on its debt are well covered by EBIT.