ASL Industries Balance Sheet Health
Financial Health criteria checks 5/6
ASL Industries has a total shareholder equity of ₹350.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹350.0M and ₹-317.3K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | -₹348.30k |
| Equity | ₹350.29m |
| Total liabilities | -₹317.30k |
| Total assets | ₹349.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASLIND's short term assets (₹346.8M) do not cover its short term liabilities (₹-317.3K).
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 86.2%.
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.