Ambalal Sarabhai Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Ambalal Sarabhai Enterprises has a total shareholder equity of ₹1.3B and total debt of ₹444.9M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹2.4B and ₹1.1B respectively. Ambalal Sarabhai Enterprises's EBIT is ₹58.8M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹223.6M.
Key information
35.0%
Debt to equity ratio
₹444.90m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹223.56m |
Equity | ₹1.27b |
Total liabilities | ₹1.13b |
Total assets | ₹2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500009's short term assets (₹1.1B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 500009's short term assets (₹1.1B) exceed its long term liabilities (₹126.5M).
Debt to Equity History and Analysis
Debt Level: 500009's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 500009's debt to equity ratio has reduced from 145.6% to 35% over the past 5 years.
Debt Coverage: 500009's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 500009's interest payments on its debt are not well covered by EBIT (1.6x coverage).