Arvind SmartSpaces Balance Sheet Health
Financial Health criteria checks 5/6
Arvind SmartSpaces has a total shareholder equity of ₹5.2B and total debt of ₹759.5M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are ₹17.6B and ₹12.4B respectively. Arvind SmartSpaces's EBIT is ₹965.0M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹2.2B.
Key information
14.7%
Debt to equity ratio
₹759.50m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹2.16b |
Equity | ₹5.17b |
Total liabilities | ₹12.42b |
Total assets | ₹17.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539301's short term assets (₹15.6B) exceed its short term liabilities (₹11.6B).
Long Term Liabilities: 539301's short term assets (₹15.6B) exceed its long term liabilities (₹785.6M).
Debt to Equity History and Analysis
Debt Level: 539301 has more cash than its total debt.
Reducing Debt: 539301's debt to equity ratio has reduced from 77.5% to 14.7% over the past 5 years.
Debt Coverage: 539301's debt is well covered by operating cash flow (236.3%).
Interest Coverage: 539301's interest payments on its debt are not well covered by EBIT (2.8x coverage).