Adroit Infotech Balance Sheet Health
Financial Health criteria checks 4/6
Adroit Infotech has a total shareholder equity of ₹527.0M and total debt of ₹146.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹724.6M and ₹197.7M respectively. Adroit Infotech's EBIT is ₹46.0M making its interest coverage ratio 10.7. It has cash and short-term investments of ₹14.0M.
Key information
27.7%
Debt to equity ratio
₹146.04m
Debt
| Interest coverage ratio | 10.7x |
| Cash | ₹13.96m |
| Equity | ₹526.96m |
| Total liabilities | ₹197.67m |
| Total assets | ₹724.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 890196's short term assets (₹309.3M) exceed its short term liabilities (₹174.5M).
Long Term Liabilities: 890196's short term assets (₹309.3M) exceed its long term liabilities (₹23.1M).
Debt to Equity History and Analysis
Debt Level: 890196's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 890196's debt to equity ratio has increased from 1.1% to 27.7% over the past 5 years.
Debt Coverage: 890196's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 890196's interest payments on its debt are well covered by EBIT (10.7x coverage).