Arvee Laboratories (India) Balance Sheet Health
Financial Health criteria checks 5/6
Arvee Laboratories (India) has a total shareholder equity of ₹310.4M and total debt of ₹10.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₹400.5M and ₹90.1M respectively. Arvee Laboratories (India)'s EBIT is ₹30.5M making its interest coverage ratio -15.4. It has cash and short-term investments of ₹81.9M.
Key information
3.2%
Debt to equity ratio
₹10.00m
Debt
| Interest coverage ratio | -15.4x |
| Cash | ₹81.92m |
| Equity | ₹310.38m |
| Total liabilities | ₹90.15m |
| Total assets | ₹400.52m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Arvee Laboratories (India) (NSE:ARVEE) Might Deserve Your Attention Today
Aug 08
Here's Why We Think Arvee Laboratories (India) (NSE:ARVEE) Is Well Worth Watching
Apr 13Do Arvee Laboratories (India)'s (NSE:ARVEE) Earnings Warrant Your Attention?
Dec 22We Ran A Stock Scan For Earnings Growth And Arvee Laboratories (India) (NSE:ARVEE) Passed With Ease
Sep 16Subdued Growth No Barrier To Arvee Laboratories (India) Ltd.'s (NSE:ARVEE) Price
Aug 13Calculating The Intrinsic Value Of Arvee Laboratories (India) Ltd. (NSE:ARVEE)
Apr 19Financial Position Analysis
Short Term Liabilities: ARVEE's short term assets (₹240.3M) exceed its short term liabilities (₹68.8M).
Long Term Liabilities: ARVEE's short term assets (₹240.3M) exceed its long term liabilities (₹21.4M).
Debt to Equity History and Analysis
Debt Level: ARVEE has more cash than its total debt.
Reducing Debt: ARVEE's debt to equity ratio has reduced from 66.4% to 3.2% over the past 5 years.
Debt Coverage: ARVEE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARVEE earns more interest than it pays, so coverage of interest payments is not a concern.