Ashnisha Industries Balance Sheet Health
Financial Health criteria checks 4/6
Ashnisha Industries has a total shareholder equity of ₹734.6M and total debt of ₹50.9M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ₹905.0M and ₹170.5M respectively.
Key information
6.9%
Debt to equity ratio
₹50.87m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.44m |
Equity | ₹734.57m |
Total liabilities | ₹170.46m |
Total assets | ₹905.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541702's short term assets (₹476.3M) exceed its short term liabilities (₹153.6M).
Long Term Liabilities: 541702's short term assets (₹476.3M) exceed its long term liabilities (₹16.9M).
Debt to Equity History and Analysis
Debt Level: 541702's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 541702's debt to equity ratio has reduced from 339.8% to 6.9% over the past 5 years.
Debt Coverage: 541702's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 541702's interest payments on its debt are well covered by EBIT.