Affordable Robotic & Automation Balance Sheet Health
Financial Health criteria checks 2/6
Affordable Robotic & Automation has a total shareholder equity of ₹526.7M and total debt of ₹483.8M, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are ₹1.6B and ₹1.1B respectively. Affordable Robotic & Automation's EBIT is ₹92.1M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹35.2M.
Key information
91.9%
Debt to equity ratio
₹483.77m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹35.19m |
Equity | ₹526.66m |
Total liabilities | ₹1.06b |
Total assets | ₹1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541402's short term assets (₹1.2B) exceed its short term liabilities (₹841.0M).
Long Term Liabilities: 541402's short term assets (₹1.2B) exceed its long term liabilities (₹214.4M).
Debt to Equity History and Analysis
Debt Level: 541402's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: 541402's debt to equity ratio has increased from 61.7% to 91.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if 541402's debt is well covered by operating cash flow.
Interest Coverage: 541402's interest payments on its debt are not well covered by EBIT (2.6x coverage).