Arvind Fashions Balance Sheet Health
Financial Health criteria checks 5/6
Arvind Fashions has a total shareholder equity of ₹11.9B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are ₹36.1B and ₹24.1B respectively. Arvind Fashions's EBIT is ₹2.8B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹1.7B.
Key information
39.1%
Debt to equity ratio
₹4.66b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹1.68b |
Equity | ₹11.92b |
Total liabilities | ₹24.15b |
Total assets | ₹36.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542484's short term assets (₹21.9B) exceed its short term liabilities (₹17.2B).
Long Term Liabilities: 542484's short term assets (₹21.9B) exceed its long term liabilities (₹7.0B).
Debt to Equity History and Analysis
Debt Level: 542484's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 542484's debt to equity ratio has reduced from 67.6% to 39.1% over the past 5 years.
Debt Coverage: 542484's debt is well covered by operating cash flow (93.2%).
Interest Coverage: 542484's interest payments on its debt are not well covered by EBIT (1.9x coverage).