Arihant Superstructures Balance Sheet Health
Financial Health criteria checks 4/6
Arihant Superstructures has a total shareholder equity of ₹2.8B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 154.4%. Its total assets and total liabilities are ₹11.2B and ₹8.5B respectively. Arihant Superstructures's EBIT is ₹855.7M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹217.4M.
Key information
154.4%
Debt to equity ratio
₹4.27b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹217.45m |
Equity | ₹2.77b |
Total liabilities | ₹8.47b |
Total assets | ₹11.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506194's short term assets (₹10.6B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 506194's short term assets (₹10.6B) exceed its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: 506194's net debt to equity ratio (146.5%) is considered high.
Reducing Debt: 506194's debt to equity ratio has reduced from 271.5% to 154.4% over the past 5 years.
Debt Coverage: 506194's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 506194's interest payments on its debt are well covered by EBIT (3.2x coverage).