Alembic Balance Sheet Health
Financial Health criteria checks 4/6
Alembic has a total shareholder equity of ₹21.2B and total debt of ₹50.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹22.7B and ₹1.5B respectively. Alembic's EBIT is ₹381.1M making its interest coverage ratio -0.7. It has cash and short-term investments of ₹46.3M.
Key information
0.2%
Debt to equity ratio
₹50.00m
Debt
Interest coverage ratio | -0.7x |
Cash | ₹46.30m |
Equity | ₹21.20b |
Total liabilities | ₹1.50b |
Total assets | ₹22.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506235's short term assets (₹1.4B) exceed its short term liabilities (₹997.3M).
Long Term Liabilities: 506235's short term assets (₹1.4B) exceed its long term liabilities (₹503.4M).
Debt to Equity History and Analysis
Debt Level: 506235's net debt to equity ratio (0.02%) is considered satisfactory.
Reducing Debt: 506235's debt to equity ratio has increased from 0.04% to 0.2% over the past 5 years.
Debt Coverage: 506235's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 506235 earns more interest than it pays, so coverage of interest payments is not a concern.