Anant Raj Balance Sheet Health
Financial Health criteria checks 5/6
Anant Raj has a total shareholder equity of ₹36.8B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹48.7B and ₹11.8B respectively. Anant Raj's EBIT is ₹3.2B making its interest coverage ratio 9.1. It has cash and short-term investments of ₹3.2B.
Key information
17.0%
Debt to equity ratio
₹6.27b
Debt
| Interest coverage ratio | 9.1x |
| Cash | ₹3.21b |
| Equity | ₹36.85b |
| Total liabilities | ₹11.84b |
| Total assets | ₹48.68b |
Recent financial health updates
Is Anant Raj (NSE:ANANTRAJ) A Risky Investment?
Dec 20
These 4 Measures Indicate That Anant Raj (NSE:ANANTRAJ) Is Using Debt Reasonably Well
Jul 04Here's Why Anant Raj (NSE:ANANTRAJ) Can Manage Its Debt Responsibly
Dec 24Is Anant Raj (NSE:ANANTRAJ) A Risky Investment?
Jul 08Is Anant Raj (NSE:ANANTRAJ) Using Too Much Debt?
Dec 07Here's Why Anant Raj (NSE:ANANTRAJ) Has A Meaningful Debt Burden
Aug 04Recent updates
Anant Raj's (NSE:ANANTRAJ) Earnings Are Of Questionable Quality
May 02Should You Be Adding Anant Raj (NSE:ANANTRAJ) To Your Watchlist Today?
Feb 06Is Anant Raj (NSE:ANANTRAJ) A Risky Investment?
Dec 20Here's Why We Think Anant Raj (NSE:ANANTRAJ) Might Deserve Your Attention Today
Aug 26These 4 Measures Indicate That Anant Raj (NSE:ANANTRAJ) Is Using Debt Reasonably Well
Jul 04Anant Raj (NSE:ANANTRAJ) Has Announced That It Will Be Increasing Its Dividend To ₹0.50
Jun 01Here's Why We Think Anant Raj (NSE:ANANTRAJ) Might Deserve Your Attention Today
Feb 21Here's Why Anant Raj (NSE:ANANTRAJ) Can Manage Its Debt Responsibly
Dec 24Is Anant Raj (NSE:ANANTRAJ) A Risky Investment?
Jul 08Shareholders Will Be Pleased With The Quality of Anant Raj's (NSE:ANANTRAJ) Earnings
May 22Is Anant Raj (NSE:ANANTRAJ) Using Too Much Debt?
Dec 07Here's Why Anant Raj (NSE:ANANTRAJ) Has A Meaningful Debt Burden
Aug 04Is Anant Raj Limited (NSE:ANANTRAJ) Popular Amongst Insiders?
Mar 13Have Insiders Been Buying Anant Raj Limited (NSE:ANANTRAJ) Shares This Year?
Feb 14Anant Raj (NSE:ANANTRAJ) Has Compensated Shareholders With A 28% Return On Their Investment
Jan 19
Is Anant Raj Limited (NSE:ANANTRAJ) A Strong Dividend Stock?
Dec 29What Kind Of Shareholders Hold The Majority In Anant Raj Limited's (NSE:ANANTRAJ) Shares?
Dec 03Executive Chairman Ashok Sarin Just Bought A Handful Of Shares In Anant Raj Limited (NSE:ANANTRAJ)
Nov 12Anant Raj's (NSE:ANANTRAJ) Shareholders Are Down 67% On Their Shares
Oct 20Is Anant Raj (NSE:ANANTRAJ) Using Too Much Debt?
Sep 24Potential Upside For Anant Raj Limited (NSE:ANANTRAJ) Not Without Risk
Sep 02Financial Position Analysis
Short Term Liabilities: ANANTRAJ's short term assets (₹27.4B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: ANANTRAJ's short term assets (₹27.4B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: ANANTRAJ's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: ANANTRAJ's debt to equity ratio has reduced from 63.7% to 17% over the past 5 years.
Debt Coverage: ANANTRAJ's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: ANANTRAJ's interest payments on its debt are well covered by EBIT (9.1x coverage).