Astra Microwave Products Balance Sheet Health
Financial Health criteria checks 5/6
Astra Microwave Products has a total shareholder equity of ₹8.7B and total debt of ₹682.8M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are ₹11.9B and ₹3.2B respectively. Astra Microwave Products's EBIT is ₹1.2B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹1.7B.
Key information
7.9%
Debt to equity ratio
₹682.82m
Debt
Interest coverage ratio | 5.7x |
Cash | ₹1.67b |
Equity | ₹8.69b |
Total liabilities | ₹3.16b |
Total assets | ₹11.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532493's short term assets (₹9.6B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 532493's short term assets (₹9.6B) exceed its long term liabilities (₹595.0M).
Debt to Equity History and Analysis
Debt Level: 532493 has more cash than its total debt.
Reducing Debt: 532493's debt to equity ratio has increased from 7.2% to 7.9% over the past 5 years.
Debt Coverage: 532493's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 532493's interest payments on its debt are well covered by EBIT (5.7x coverage).