Andhra Paper Balance Sheet Health
Financial Health criteria checks 4/6
Andhra Paper has a total shareholder equity of ₹19.4B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are ₹26.4B and ₹6.9B respectively. Andhra Paper's EBIT is ₹1.6B making its interest coverage ratio -4.5. It has cash and short-term investments of ₹9.0B.
Key information
13.0%
Debt to equity ratio
₹2.52b
Debt
| Interest coverage ratio | -4.5x |
| Cash | ₹9.04b |
| Equity | ₹19.42b |
| Total liabilities | ₹6.95b |
| Total assets | ₹26.37b |
Recent financial health updates
Andhra Paper (NSE:ANDHRAPAP) Seems To Use Debt Rather Sparingly
Feb 06
Andhra Paper (NSE:ANDHRAPAP) Has A Rock Solid Balance Sheet
Mar 14Andhra Paper (NSE:ANDHRAPAP) Has Debt But No Earnings; Should You Worry?
May 30Recent updates
We Think That There Are More Issues For Andhra Paper (NSE:ANDHRAPAP) Than Just Sluggish Earnings
Jul 27Andhra Paper's (NSE:ANDHRAPAP) Dividend Will Be Reduced To ₹10.00
Jul 25Andhra Paper (NSE:ANDHRAPAP) Seems To Use Debt Rather Sparingly
Feb 06Andhra Paper's (NSE:ANDHRAPAP) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04Andhra Paper (NSE:ANDHRAPAP) Is Increasing Its Dividend To ₹12.50
Jul 07We Like Andhra Paper's (NSE:ANDHRAPAP) Returns And Here's How They're Trending
Jan 02Andhra Paper (NSE:ANDHRAPAP) Is Increasing Its Dividend To ₹7.50
Jul 31Andhra Paper (NSE:ANDHRAPAP) Has A Rock Solid Balance Sheet
Mar 14Andhra Paper (NSE:ANDHRAPAP) Shareholders Will Want The ROCE Trajectory To Continue
Feb 03Andhra Paper's (NSE:ANDHRAPAP) Soft Earnings Don't Show The Whole Picture
Nov 15Andhra Paper (NSE:ANDHRAPAP) Has Debt But No Earnings; Should You Worry?
May 30Financial Position Analysis
Short Term Liabilities: ANDHRAPAP's short term assets (₹13.4B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: ANDHRAPAP's short term assets (₹13.4B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: ANDHRAPAP has more cash than its total debt.
Reducing Debt: ANDHRAPAP's debt to equity ratio has increased from 1.5% to 13% over the past 5 years.
Debt Coverage: ANDHRAPAP's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: ANDHRAPAP earns more interest than it pays, so coverage of interest payments is not a concern.