Ajmera Realty & Infra India Balance Sheet Health
Financial Health criteria checks 4/6
Ajmera Realty & Infra India has a total shareholder equity of ₹9.3B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are ₹19.2B and ₹9.9B respectively. Ajmera Realty & Infra India's EBIT is ₹1.6B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹485.9M.
Key information
88.9%
Debt to equity ratio
₹8.27b
Debt
Interest coverage ratio | 3.1x |
Cash | ₹485.90m |
Equity | ₹9.30b |
Total liabilities | ₹9.95b |
Total assets | ₹19.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513349's short term assets (₹15.1B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 513349's short term assets (₹15.1B) exceed its long term liabilities (₹8.7B).
Debt to Equity History and Analysis
Debt Level: 513349's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: 513349's debt to equity ratio has reduced from 140.5% to 88.9% over the past 5 years.
Debt Coverage: 513349's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 513349's interest payments on its debt are well covered by EBIT (3.1x coverage).