Ambalal Sarabhai Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Ambalal Sarabhai Enterprises has a total shareholder equity of ₹1.4B and total debt of ₹461.1M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are ₹2.5B and ₹1.1B respectively. Ambalal Sarabhai Enterprises's EBIT is ₹120.6M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹267.2M.
Key information
33.6%
Debt to equity ratio
₹461.13m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹267.20m |
| Equity | ₹1.37b |
| Total liabilities | ₹1.13b |
| Total assets | ₹2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500009's short term assets (₹1.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 500009's short term assets (₹1.2B) exceed its long term liabilities (₹107.7M).
Debt to Equity History and Analysis
Debt Level: 500009's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 500009's debt to equity ratio has reduced from 139.5% to 33.6% over the past 5 years.
Debt Coverage: 500009's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 500009's interest payments on its debt are well covered by EBIT (3.1x coverage).