Affordable Robotic & Automation Balance Sheet Health
Financial Health criteria checks 5/6
Affordable Robotic & Automation has a total shareholder equity of ₹1.1B and total debt of ₹523.3M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ₹2.4B and ₹1.3B respectively. Affordable Robotic & Automation's EBIT is ₹124.4M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹397.8M.
Key information
46.5%
Debt to equity ratio
₹523.28m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹397.80m |
| Equity | ₹1.13b |
| Total liabilities | ₹1.25b |
| Total assets | ₹2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541402's short term assets (₹2.0B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 541402's short term assets (₹2.0B) exceed its long term liabilities (₹210.5M).
Debt to Equity History and Analysis
Debt Level: 541402's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 541402's debt to equity ratio has reduced from 52.2% to 46.5% over the past 5 years.
Debt Coverage: 541402's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541402's interest payments on its debt are well covered by EBIT (3.4x coverage).