Alstone Textiles (India) Balance Sheet Health
Financial Health criteria checks 2/6
Alstone Textiles (India) has a total shareholder equity of ₹1.5B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 327.2%. Its total assets and total liabilities are ₹6.6B and ₹5.0B respectively. Alstone Textiles (India)'s EBIT is ₹23.7M making its interest coverage ratio 8186.6. It has cash and short-term investments of ₹362.0K.
Key information
327.2%
Debt to equity ratio
₹5.00b
Debt
| Interest coverage ratio | 8186.6x |
| Cash | ₹362.00k |
| Equity | ₹1.53b |
| Total liabilities | ₹5.04b |
| Total assets | ₹6.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539277's short term assets (₹362.0K) do not cover its short term liabilities (₹5.0B).
Long Term Liabilities: 539277's short term assets (₹362.0K) exceed its long term liabilities (₹2.9K).
Debt to Equity History and Analysis
Debt Level: 539277's net debt to equity ratio (327.2%) is considered high.
Reducing Debt: 539277's debt to equity ratio has increased from 0.01% to 327.2% over the past 5 years.
Debt Coverage: 539277's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 539277's interest payments on its debt are well covered by EBIT (8186.6x coverage).