Asya Infosoft Balance Sheet Health
Financial Health criteria checks 4/6
Asya Infosoft has a total shareholder equity of ₹473.5M and total debt of ₹50.8M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₹1.4B and ₹920.3M respectively. Asya Infosoft's EBIT is ₹8.3M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹13.6M.
Key information
10.7%
Debt to equity ratio
₹50.82m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹13.62m |
Equity | ₹473.47m |
Total liabilities | ₹920.27m |
Total assets | ₹1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511144's short term assets (₹1.1B) exceed its short term liabilities (₹638.7M).
Long Term Liabilities: 511144's short term assets (₹1.1B) exceed its long term liabilities (₹281.5M).
Debt to Equity History and Analysis
Debt Level: 511144's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 511144's debt to equity ratio has reduced from 13.1% to 10.7% over the past 5 years.
Debt Coverage: 511144's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511144's interest payments on its debt are not well covered by EBIT (2.8x coverage).