Arihant Foundations & Housing Balance Sheet Health
Financial Health criteria checks 5/6
Arihant Foundations & Housing has a total shareholder equity of ₹1.8B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are ₹4.8B and ₹3.0B respectively. Arihant Foundations & Housing's EBIT is ₹184.5M making its interest coverage ratio -7. It has cash and short-term investments of ₹74.8M.
Key information
83.8%
Debt to equity ratio
₹1.52b
Debt
Interest coverage ratio | -7x |
Cash | ₹74.80m |
Equity | ₹1.82b |
Total liabilities | ₹3.01b |
Total assets | ₹4.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531381's short term assets (₹3.0B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 531381's short term assets (₹3.0B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 531381's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: 531381's debt to equity ratio has reduced from 96% to 83.8% over the past 5 years.
Debt Coverage: 531381's debt is well covered by operating cash flow (99.5%).
Interest Coverage: 531381 earns more interest than it pays, so coverage of interest payments is not a concern.