Ashiana Housing Balance Sheet Health
Financial Health criteria checks 5/6
Ashiana Housing has a total shareholder equity of ₹7.7B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹24.1B and ₹16.4B respectively. Ashiana Housing's EBIT is ₹694.0M making its interest coverage ratio 24.7. It has cash and short-term investments of ₹3.4B.
Key information
19.2%
Debt to equity ratio
₹1.48b
Debt
| Interest coverage ratio | 24.7x |
| Cash | ₹3.39b |
| Equity | ₹7.70b |
| Total liabilities | ₹16.35b |
| Total assets | ₹24.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523716's short term assets (₹22.8B) exceed its short term liabilities (₹14.5B).
Long Term Liabilities: 523716's short term assets (₹22.8B) exceed its long term liabilities (₹1.9B).
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 14.3% to 19.2% over the past 5 years.
Debt Coverage: 523716's debt is well covered by operating cash flow (143.3%).
Interest Coverage: 523716's interest payments on its debt are well covered by EBIT (24.7x coverage).