Accent Microcell Balance Sheet Health
Financial Health criteria checks 5/6
Accent Microcell has a total shareholder equity of ₹442.0M and total debt of ₹227.8M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are ₹1.1B and ₹699.0M respectively. Accent Microcell's EBIT is ₹152.6M making its interest coverage ratio 7.4. It has cash and short-term investments of ₹20.4M.
Key information
51.5%
Debt to equity ratio
₹227.82m
Debt
Interest coverage ratio | 7.4x |
Cash | ₹20.40m |
Equity | ₹441.99m |
Total liabilities | ₹698.98m |
Total assets | ₹1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACCENTMIC's short term assets (₹823.4M) exceed its short term liabilities (₹626.5M).
Long Term Liabilities: ACCENTMIC's short term assets (₹823.4M) exceed its long term liabilities (₹72.5M).
Debt to Equity History and Analysis
Debt Level: ACCENTMIC's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: ACCENTMIC's debt to equity ratio has reduced from 189.4% to 51.5% over the past 5 years.
Debt Coverage: ACCENTMIC's debt is well covered by operating cash flow (34.3%).
Interest Coverage: ACCENTMIC's interest payments on its debt are well covered by EBIT (7.4x coverage).