Alpa Laboratories Balance Sheet Health
Financial Health criteria checks 5/6
Alpa Laboratories has a total shareholder equity of ₹1.5B and total debt of ₹52.5M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹1.8B and ₹304.6M respectively. Alpa Laboratories's EBIT is ₹56.3M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹928.5M.
Key information
3.5%
Debt to equity ratio
₹52.47m
Debt
| Interest coverage ratio | 15.8x |
| Cash | ₹928.54m |
| Equity | ₹1.52b |
| Total liabilities | ₹304.62m |
| Total assets | ₹1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532878's short term assets (₹1.6B) exceed its short term liabilities (₹280.7M).
Long Term Liabilities: 532878's short term assets (₹1.6B) exceed its long term liabilities (₹24.0M).
Debt to Equity History and Analysis
Debt Level: 532878 has more cash than its total debt.
Reducing Debt: 532878's debt to equity ratio has increased from 1% to 3.5% over the past 5 years.
Debt Coverage: 532878's debt is well covered by operating cash flow (69.5%).
Interest Coverage: 532878's interest payments on its debt are well covered by EBIT (15.8x coverage).