Arkade Developers Balance Sheet Health
Financial Health criteria checks 5/6
Arkade Developers has a total shareholder equity of ₹3.2B and total debt of ₹694.1M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are ₹5.8B and ₹2.5B respectively. Arkade Developers's EBIT is ₹1.7B making its interest coverage ratio 12.2. It has cash and short-term investments of ₹233.0M.
Key information
21.4%
Debt to equity ratio
₹694.10m
Debt
| Interest coverage ratio | 12.2x |
| Cash | ₹233.03m |
| Equity | ₹3.24b |
| Total liabilities | ₹2.51b |
| Total assets | ₹5.75b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ARKADE's short term assets (₹5.4B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: ARKADE's short term assets (₹5.4B) exceed its long term liabilities (₹317.2M).
Debt to Equity History and Analysis
Debt Level: ARKADE's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ARKADE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARKADE's debt is well covered by operating cash flow (146.2%).
Interest Coverage: ARKADE's interest payments on its debt are well covered by EBIT (12.2x coverage).