Astra Microwave Products Balance Sheet Health
Financial Health criteria checks 4/6
Astra Microwave Products has a total shareholder equity of ₹9.7B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ₹14.7B and ₹5.1B respectively. Astra Microwave Products's EBIT is ₹1.9B making its interest coverage ratio 10.4. It has cash and short-term investments of ₹1.3B.
Key information
24.6%
Debt to equity ratio
₹2.38b
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₹1.26b |
| Equity | ₹9.66b |
| Total liabilities | ₹5.08b |
| Total assets | ₹14.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532493's short term assets (₹12.3B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: 532493's short term assets (₹12.3B) exceed its long term liabilities (₹739.8M).
Debt to Equity History and Analysis
Debt Level: 532493's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 532493's debt to equity ratio has increased from 3.4% to 24.6% over the past 5 years.
Debt Coverage: 532493's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532493's interest payments on its debt are well covered by EBIT (10.4x coverage).