Ashiana Housing Balance Sheet Health
Financial Health criteria checks 5/6
Ashiana Housing has a total shareholder equity of ₹7.5B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹22.9B and ₹15.4B respectively. Ashiana Housing's EBIT is ₹694.8M making its interest coverage ratio -27.8. It has cash and short-term investments of ₹2.8B.
Key information
17.5%
Debt to equity ratio
₹1.32b
Debt
Interest coverage ratio | -27.8x |
Cash | ₹2.80b |
Equity | ₹7.53b |
Total liabilities | ₹15.39b |
Total assets | ₹22.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523716's short term assets (₹21.6B) exceed its short term liabilities (₹13.6B).
Long Term Liabilities: 523716's short term assets (₹21.6B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 523716 has more cash than its total debt.
Reducing Debt: 523716's debt to equity ratio has increased from 17.2% to 17.5% over the past 5 years.
Debt Coverage: 523716's debt is well covered by operating cash flow (78.3%).
Interest Coverage: 523716 earns more interest than it pays, so coverage of interest payments is not a concern.