Astron Paper & Board Mill Balance Sheet Health
Financial Health criteria checks 1/6
Astron Paper & Board Mill has a total shareholder equity of ₹1.3B and total debt of ₹843.4M, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are ₹2.6B and ₹1.3B respectively.
Key information
64.5%
Debt to equity ratio
₹843.38m
Debt
Interest coverage ratio | n/a |
Cash | ₹76.66m |
Equity | ₹1.31b |
Total liabilities | ₹1.33b |
Total assets | ₹2.64b |
Recent financial health updates
Astron 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 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 10We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Aug 06Recent updates
Astron Paper & Board Mill Limited (NSE:ASTRON) Shares Fly 27% But Investors Aren't Buying For Growth
Jul 05Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital
May 21Little 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 (₹1.2B) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: ASTRON's short term assets (₹1.2B) exceed its long term liabilities (₹152.3M).
Debt to Equity History and Analysis
Debt Level: ASTRON's net debt to equity ratio (58.7%) is considered high.
Reducing Debt: ASTRON's debt to equity ratio has increased from 42.4% to 64.5% over the past 5 years.
Debt Coverage: ASTRON's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: Insufficient data to determine if ASTRON's interest payments on its debt are well covered by EBIT.