Anant Raj Balance Sheet Health
Financial Health criteria checks 5/6
Anant Raj has a total shareholder equity of ₹36.8B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹48.7B and ₹11.8B respectively. Anant Raj's EBIT is ₹3.2B making its interest coverage ratio 9.1. It has cash and short-term investments of ₹3.2B.
Key information
17.0%
Debt to equity ratio
₹6.27b
Debt
Interest coverage ratio | 9.1x |
Cash | ₹3.21b |
Equity | ₹36.85b |
Total liabilities | ₹11.84b |
Total assets | ₹48.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515055's short term assets (₹27.4B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 515055's short term assets (₹27.4B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: 515055's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 515055's debt to equity ratio has reduced from 63.7% to 17% over the past 5 years.
Debt Coverage: 515055's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 515055's interest payments on its debt are well covered by EBIT (9.1x coverage).