Affordable Robotic & Automation Balance Sheet Health
Financial Health criteria checks 4/6
Affordable Robotic & Automation has a total shareholder equity of ₹1.0B and total debt of ₹518.3M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are ₹2.2B and ₹1.2B respectively. Affordable Robotic & Automation's EBIT is ₹73.0M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹261.7M.
Key information
51.7%
Debt to equity ratio
₹518.34m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹261.72m |
| Equity | ₹1.00b |
| Total liabilities | ₹1.17b |
| Total assets | ₹2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFFORDABLE's short term assets (₹1.8B) exceed its short term liabilities (₹938.4M).
Long Term Liabilities: AFFORDABLE's short term assets (₹1.8B) exceed its long term liabilities (₹235.5M).
Debt to Equity History and Analysis
Debt Level: AFFORDABLE's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: AFFORDABLE's debt to equity ratio has reduced from 55% to 51.7% over the past 5 years.
Debt Coverage: AFFORDABLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AFFORDABLE's interest payments on its debt are not well covered by EBIT (1.7x coverage).