Arvind SmartSpaces Balance Sheet Health
Financial Health criteria checks 5/6
Arvind SmartSpaces has a total shareholder equity of ₹7.5B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹23.4B and ₹15.9B respectively. Arvind SmartSpaces's EBIT is ₹1.2B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹3.2B.
Key information
19.0%
Debt to equity ratio
₹1.42b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹3.17b |
| Equity | ₹7.48b |
| Total liabilities | ₹15.89b |
| Total assets | ₹23.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539301's short term assets (₹18.9B) exceed its short term liabilities (₹14.6B).
Long Term Liabilities: 539301's short term assets (₹18.9B) exceed its long term liabilities (₹1.3B).
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 85.2% to 19% over the past 5 years.
Debt Coverage: 539301's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539301's interest payments on its debt are well covered by EBIT (8.3x coverage).