Albert David Balance Sheet Health
Financial Health criteria checks 6/6
Albert David has a total shareholder equity of ₹3.5B and total debt of ₹9.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹4.5B and ₹1.0B respectively. Albert David's EBIT is ₹400.5M making its interest coverage ratio 160.1. It has cash and short-term investments of ₹2.2B.
Key information
0.3%
Debt to equity ratio
₹9.44m
Debt
Interest coverage ratio | 160.1x |
Cash | ₹2.23b |
Equity | ₹3.50b |
Total liabilities | ₹1.04b |
Total assets | ₹4.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524075's short term assets (₹3.2B) exceed its short term liabilities (₹897.1M).
Long Term Liabilities: 524075's short term assets (₹3.2B) exceed its long term liabilities (₹145.5M).
Debt to Equity History and Analysis
Debt Level: 524075 has more cash than its total debt.
Reducing Debt: 524075's debt to equity ratio has reduced from 2.4% to 0.3% over the past 5 years.
Debt Coverage: 524075's debt is well covered by operating cash flow (2432.3%).
Interest Coverage: 524075's interest payments on its debt are well covered by EBIT (160.1x coverage).