Alstone Textiles (India) Balance Sheet Health
Financial Health criteria checks 2/6
Alstone Textiles (India) has a total shareholder equity of ₹1.6B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 321.8%. Its total assets and total liabilities are ₹6.6B and ₹5.0B respectively. Alstone Textiles (India)'s EBIT is ₹28.0M making its interest coverage ratio -8.3. It has cash and short-term investments of ₹210.9K.
Key information
321.8%
Debt to equity ratio
₹5.00b
Debt
| Interest coverage ratio | -8.3x |
| Cash | ₹210.90k |
| Equity | ₹1.55b |
| Total liabilities | ₹5.04b |
| Total assets | ₹6.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539277's short term assets (₹2.8B) exceed its short term liabilities (₹38.6M).
Long Term Liabilities: 539277's short term assets (₹2.8B) do not cover its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 539277's net debt to equity ratio (321.8%) is considered high.
Reducing Debt: 539277's debt to equity ratio has increased from 0.02% to 321.8% over the past 5 years.
Debt Coverage: 539277's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 539277 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alstone Textiles (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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