Alpine Housing Development Balance Sheet Health
Financial Health criteria checks 5/6
Alpine Housing Development has a total shareholder equity of ₹793.7M and total debt of ₹169.2M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ₹1.4B and ₹611.2M respectively. Alpine Housing Development's EBIT is ₹48.2M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹29.4M.
Key information
21.3%
Debt to equity ratio
₹169.24m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹29.36m |
| Equity | ₹793.71m |
| Total liabilities | ₹611.22m |
| Total assets | ₹1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526519's short term assets (₹1.1B) exceed its short term liabilities (₹501.8M).
Long Term Liabilities: 526519's short term assets (₹1.1B) exceed its long term liabilities (₹109.4M).
Debt to Equity History and Analysis
Debt Level: 526519's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 526519's debt to equity ratio has reduced from 91% to 21.3% over the past 5 years.
Debt Coverage: 526519's debt is well covered by operating cash flow (61%).
Interest Coverage: 526519's interest payments on its debt are not well covered by EBIT (2.5x coverage).