Astra Microwave Products Balance Sheet Health
Financial Health criteria checks 4/6
Astra Microwave Products has a total shareholder equity of ₹9.8B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are ₹16.1B and ₹6.3B respectively. Astra Microwave Products's EBIT is ₹1.9B making its interest coverage ratio 8. It has cash and short-term investments of ₹756.3M.
Key information
31.3%
Debt to equity ratio
₹3.06b
Debt
| Interest coverage ratio | 8x |
| Cash | ₹756.31m |
| Equity | ₹9.81b |
| Total liabilities | ₹6.27b |
| Total assets | ₹16.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532493's short term assets (₹13.4B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 532493's short term assets (₹13.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 532493's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 532493's debt to equity ratio has increased from 3.4% to 31.3% 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 (8x coverage).