Affle (India) Balance Sheet Health
Financial Health criteria checks 6/6
Affle (India) has a total shareholder equity of ₹25.0B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are ₹32.8B and ₹7.9B respectively. Affle (India)'s EBIT is ₹2.9B making its interest coverage ratio 15.3. It has cash and short-term investments of ₹13.7B.
Key information
7.1%
Debt to equity ratio
₹1.78b
Debt
| Interest coverage ratio | 15.3x |
| Cash | ₹13.70b |
| Equity | ₹24.98b |
| Total liabilities | ₹7.85b |
| Total assets | ₹32.83b |
Recent financial health updates
These 4 Measures Indicate That Affle (India) (NSE:AFFLE) Is Using Debt Safely
Jun 18
Affle (India) (NSE:AFFLE) Has A Rock Solid Balance Sheet
Sep 07Affle (India) (NSE:AFFLE) Has A Rock Solid Balance Sheet
May 17Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Dec 19Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Sep 08Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Jun 01Recent updates
Here's Why We Think Affle (India) (NSE:AFFLE) Is Well Worth Watching
Jul 12These 4 Measures Indicate That Affle (India) (NSE:AFFLE) Is Using Debt Safely
Jun 18We Think You Should Be Aware Of Some Concerning Factors In Affle (India)'s (NSE:AFFLE) Earnings
May 31Is It Too Late To Consider Buying Affle (India) Limited (NSE:AFFLE)?
May 24Why We're Not Concerned About Affle (India) Limited's (NSE:AFFLE) Share Price
Apr 01The Price Is Right For Affle (India) Limited (NSE:AFFLE)
Dec 18What Is Affle (India) Limited's (NSE:AFFLE) Share Price Doing?
Nov 15Affle (India) (NSE:AFFLE) Has A Rock Solid Balance Sheet
Sep 07Should You Be Adding Affle (India) (NSE:AFFLE) To Your Watchlist Today?
Aug 07When Should You Buy Affle (India) Limited (NSE:AFFLE)?
Jul 24Affle (India) (NSE:AFFLE) Will Be Hoping To Turn Its Returns On Capital Around
May 30Affle (India) (NSE:AFFLE) Has A Rock Solid Balance Sheet
May 17What Is Affle (India) Limited's (NSE:AFFLE) Share Price Doing?
Apr 20We Ran A Stock Scan For Earnings Growth And Affle (India) (NSE:AFFLE) Passed With Ease
Mar 28Here's What's Concerning About Affle (India)'s (NSE:AFFLE) Returns On Capital
Feb 08Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Dec 19Does Affle (India) (NSE:AFFLE) Deserve A Spot On Your Watchlist?
Dec 07Is Affle (India) Limited (NSE:AFFLE) Potentially Undervalued?
Oct 13Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Sep 08We Ran A Stock Scan For Earnings Growth And Affle (India) (NSE:AFFLE) Passed With Ease
Aug 28Returns At Affle (India) (NSE:AFFLE) Are On The Way Up
Aug 06Is It Too Late To Consider Buying Affle (India) Limited (NSE:AFFLE)?
Jul 11Estimating The Intrinsic Value Of Affle (India) Limited (NSE:AFFLE)
Jun 19Affle (India) (NSE:AFFLE) Seems To Use Debt Rather Sparingly
Jun 01Do Affle (India)'s (NSE:AFFLE) Earnings Warrant Your Attention?
May 19Affle (India) (NSE:AFFLE) Hasn't Managed To Accelerate Its Returns
May 06Calculating The Fair Value Of Affle (India) Limited (NSE:AFFLE)
Mar 17What Is Affle (India) Limited's (NSE:AFFLE) Share Price Doing?
Mar 03Is Now The Time To Put Affle (India) (NSE:AFFLE) On Your Watchlist?
Feb 10Here's What's Concerning About Affle (India)'s (NSE:AFFLE) Returns On Capital
Jan 26I Ran A Stock Scan For Earnings Growth And Affle (India) (NSE:AFFLE) Passed With Ease
Nov 04Are Affle (India) Limited (NSE:AFFLE) Investors Paying Above The Intrinsic Value?
Aug 20I Ran A Stock Scan For Earnings Growth And Affle (India) (NSE:AFFLE) Passed With Ease
Jul 28New Forecasts: Here's What Analysts Think The Future Holds For Affle (India) Limited (NSE:AFFLE)
Jun 14Affle (India) (NSE:AFFLE) Knows How To Allocate Capital Effectively
May 04Here's Why We Think Affle (India) (NSE:AFFLE) Is Well Worth Watching
Apr 12Affle (India) (NSE:AFFLE) Shareholders Have Enjoyed A Whopping 360% Share Price Gain
Mar 17Is Affle (India) Limited's(NSE:AFFLE) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 24Financial Position Analysis
Short Term Liabilities: AFFLE's short term assets (₹19.7B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: AFFLE's short term assets (₹19.7B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: AFFLE has more cash than its total debt.
Reducing Debt: AFFLE's debt to equity ratio has reduced from 12.4% to 7.1% over the past 5 years.
Debt Coverage: AFFLE's debt is well covered by operating cash flow (147.6%).
Interest Coverage: AFFLE's interest payments on its debt are well covered by EBIT (15.3x coverage).