ASL Industries Balance Sheet Health
Financial Health criteria checks 5/6
ASL Industries has a total shareholder equity of ₹351.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹351.0M and ₹-367.9K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹71.70k |
| Equity | ₹351.40m |
| Total liabilities | -₹367.90k |
| Total assets | ₹351.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASLIND's short term assets (₹348.5M) do not cover its short term liabilities (₹-367.9K).
Long Term Liabilities: ASLIND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASLIND is debt free.
Reducing Debt: ASLIND has no debt compared to 5 years ago when its debt to equity ratio was 42.1%.
Debt Coverage: ASLIND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASLIND has no debt, therefore coverage of interest payments is not a concern.