Affle (India) Balance Sheet Health
Financial Health criteria checks 5/6
Affle (India) has a total shareholder equity of ₹15.9B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ₹23.4B and ₹7.5B respectively. Affle (India)'s EBIT is ₹2.7B making its interest coverage ratio -24.6. It has cash and short-term investments of ₹6.3B.
Key information
14.3%
Debt to equity ratio
₹2.28b
Debt
Interest coverage ratio | -24.6x |
Cash | ₹6.30b |
Equity | ₹15.93b |
Total liabilities | ₹7.48b |
Total assets | ₹23.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542752's short term assets (₹11.1B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 542752's short term assets (₹11.1B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 542752 has more cash than its total debt.
Reducing Debt: 542752's debt to equity ratio has increased from 10.9% to 14.3% over the past 5 years.
Debt Coverage: 542752's debt is well covered by operating cash flow (108.5%).
Interest Coverage: 542752 earns more interest than it pays, so coverage of interest payments is not a concern.