Accel Balance Sheet Health
Financial Health criteria checks 2/6
Accel has a total shareholder equity of ₹626.3M and total debt of ₹728.1M, which brings its debt-to-equity ratio to 116.3%. Its total assets and total liabilities are ₹1.8B and ₹1.2B respectively. Accel's EBIT is ₹92.5M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹17.9M.
Key information
116.3%
Debt to equity ratio
₹728.06m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹17.93m |
Equity | ₹626.25m |
Total liabilities | ₹1.16b |
Total assets | ₹1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517494's short term assets (₹590.9M) do not cover its short term liabilities (₹595.4M).
Long Term Liabilities: 517494's short term assets (₹590.9M) exceed its long term liabilities (₹561.8M).
Debt to Equity History and Analysis
Debt Level: 517494's net debt to equity ratio (113.4%) is considered high.
Reducing Debt: 517494's debt to equity ratio has increased from 12.2% to 116.3% over the past 5 years.
Debt Coverage: 517494's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 517494's interest payments on its debt are not well covered by EBIT (1.4x coverage).