Anant Raj Balance Sheet Health
Financial Health criteria checks 5/6
Anant Raj has a total shareholder equity of ₹38.6B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₹48.2B and ₹9.6B respectively. Anant Raj's EBIT is ₹3.9B making its interest coverage ratio -28.5. It has cash and short-term investments of ₹2.5B.
Key information
9.6%
Debt to equity ratio
₹3.71b
Debt
| Interest coverage ratio | -28.5x |
| Cash | ₹2.50b |
| Equity | ₹38.56b |
| Total liabilities | ₹9.65b |
| Total assets | ₹48.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515055's short term assets (₹25.5B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 515055's short term assets (₹25.5B) exceed its long term liabilities (₹5.9B).
Debt to Equity History and Analysis
Debt Level: 515055's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 515055's debt to equity ratio has reduced from 71.4% to 9.6% over the past 5 years.
Debt Coverage: 515055's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 515055 earns more interest than it pays, so coverage of interest payments is not a concern.