Astron Paper & Board Mill Balance Sheet Health
Financial Health criteria checks 2/6
Astron Paper & Board Mill has a total shareholder equity of ₹1.6B and total debt of ₹835.5M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are ₹3.0B and ₹1.5B respectively. Astron Paper & Board Mill's EBIT is ₹33.3M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹98.1M.
Key information
53.7%
Debt to equity ratio
₹835.52m
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹98.06m |
| Equity | ₹1.56b |
| Total liabilities | ₹1.49b |
| Total assets | ₹3.04b |
Recent financial health updates
Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Jun 29
Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Mar 07Astron Paper & Board Mill (NSE:ASTRON) Seems To Use Debt Quite Sensibly
Dec 06These 4 Measures Indicate That Astron Paper & Board Mill (NSE:ASTRON) Is Using Debt Extensively
Jun 07We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Jan 10
We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Aug 06Recent updates
Little Excitement Around Astron Paper & Board Mill Limited's (NSE:ASTRON) Revenues As Shares Take 26% Pounding
Mar 17Revenues Not Telling The Story For Astron Paper & Board Mill Limited (NSE:ASTRON) After Shares Rise 29%
Jan 16Shareholders Will Probably Be Cautious Of Increasing Astron Paper & Board Mill Limited's (NSE:ASTRON) CEO Compensation At The Moment
Sep 23Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Jun 29Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Mar 07Investors Could Be Concerned With Astron Paper & Board Mill's (NSE:ASTRON) Returns On Capital
Feb 23Astron Paper & Board Mill (NSE:ASTRON) Seems To Use Debt Quite Sensibly
Dec 06Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital
Aug 17These 4 Measures Indicate That Astron Paper & Board Mill (NSE:ASTRON) Is Using Debt Extensively
Jun 07Astron Paper & Board Mill (NSE:ASTRON) Will Will Want To Turn Around Its Return Trends
May 12Are Astron Paper & Board Mill Limited's (NSE:ASTRON) Mixed Financials Driving The Negative Sentiment?
Mar 09The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About
Feb 11We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Jan 10Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 06We're Watching These Trends At Astron Paper & Board Mill (NSE:ASTRON)
Nov 01Need To Know: Astron Paper & Board Mill Limited (NSE:ASTRON) Insiders Have Been Selling Shares
Sep 28Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Going Strong: Have Financials A Role To Play?
Sep 01We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Aug 06The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About
Jul 16Financial Position Analysis
Short Term Liabilities: ASTRON's short term assets (₹1.5B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: ASTRON's short term assets (₹1.5B) exceed its long term liabilities (₹34.9M).
Debt to Equity History and Analysis
Debt Level: ASTRON's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: ASTRON's debt to equity ratio has increased from 52.6% to 53.7% over the past 5 years.
Debt Coverage: ASTRON's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: ASTRON's interest payments on its debt are not well covered by EBIT (0.4x coverage).