Affle (India) Balance Sheet Health
Financial Health criteria checks 6/6
Affle (India) has a total shareholder equity of ₹27.0B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹33.3B and ₹6.4B respectively. Affle (India)'s EBIT is ₹3.3B making its interest coverage ratio -11.7. It has cash and short-term investments of ₹13.5B.
Key information
4.8%
Debt to equity ratio
₹1.30b
Debt
| Interest coverage ratio | -11.7x |
| Cash | ₹13.47b |
| Equity | ₹26.95b |
| Total liabilities | ₹6.36b |
| Total assets | ₹33.32b |
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
Affle (India) Limited (NSE:AFFLE) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,539
Aug 06Here'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 14Financial Position Analysis
Short Term Liabilities: AFFLE's short term assets (₹19.9B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: AFFLE's short term assets (₹19.9B) exceed its long term liabilities (₹970.2M).
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 17.9% to 4.8% over the past 5 years.
Debt Coverage: AFFLE's debt is well covered by operating cash flow (238.5%).
Interest Coverage: AFFLE earns more interest than it pays, so coverage of interest payments is not a concern.