Athena Constructions Balance Sheet Health
Financial Health criteria checks 2/6
Athena Constructions has a total shareholder equity of ₹76.0M and total debt of ₹98.0M, which brings its debt-to-equity ratio to 129%. Its total assets and total liabilities are ₹227.6M and ₹151.6M respectively. Athena Constructions's EBIT is ₹5.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹14.3M.
Key information
129.0%
Debt to equity ratio
₹98.05m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹14.32m |
Equity | ₹76.04m |
Total liabilities | ₹151.56m |
Total assets | ₹227.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539099's short term assets (₹55.0M) exceed its short term liabilities (₹53.5M).
Long Term Liabilities: 539099's short term assets (₹55.0M) do not cover its long term liabilities (₹98.0M).
Debt to Equity History and Analysis
Debt Level: 539099's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: 539099's debt to equity ratio has increased from 46% to 129% over the past 5 years.
Debt Coverage: 539099's debt is well covered by operating cash flow (44%).
Interest Coverage: 539099's interest payments on its debt are not well covered by EBIT (1.1x coverage).