Aksh Optifibre Balance Sheet Health
Financial Health criteria checks 3/6
Aksh Optifibre has a total shareholder equity of ₹665.8M and total debt of ₹1.7B, which brings its debt-to-equity ratio to 254.1%. Its total assets and total liabilities are ₹3.7B and ₹3.0B respectively. Aksh Optifibre's EBIT is ₹63.9M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹158.7M.
Key information
254.1%
Debt to equity ratio
₹1.69b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹158.67m |
| Equity | ₹665.81m |
| Total liabilities | ₹3.01b |
| Total assets | ₹3.68b |
Recent financial health updates
Here's Why Aksh Optifibre (NSE:AKSHOPTFBR) Has A Meaningful Debt Burden
Dec 29
Is Aksh Optifibre (NSE:AKSHOPTFBR) A Risky Investment?
Jul 20Does Aksh Optifibre (NSE:AKSHOPTFBR) Have A Healthy Balance Sheet?
Mar 30Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Too Much Debt?
Nov 21Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Too Much Debt?
Aug 20Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Debt Sensibly?
Feb 27Recent updates
Revenues Working Against Aksh Optifibre Limited's (NSE:AKSHOPTFBR) Share Price Following 28% Dive
Mar 13Aksh Optifibre (NSE:AKSHOPTFBR) Is Doing The Right Things To Multiply Its Share Price
Feb 15Aksh Optifibre Limited (NSE:AKSHOPTFBR) Stock Catapults 35% Though Its Price And Business Still Lag The Industry
Jan 04Here's Why Aksh Optifibre (NSE:AKSHOPTFBR) Has A Meaningful Debt Burden
Dec 29Returns Are Gaining Momentum At Aksh Optifibre (NSE:AKSHOPTFBR)
Sep 08Is Aksh Optifibre (NSE:AKSHOPTFBR) A Risky Investment?
Jul 20Aksh Optifibre (NSE:AKSHOPTFBR) Is Experiencing Growth In Returns On Capital
Jun 17Does Aksh Optifibre (NSE:AKSHOPTFBR) Have A Healthy Balance Sheet?
Mar 30Aksh Optifibre (NSE:AKSHOPTFBR) Shareholders Will Want The ROCE Trajectory To Continue
Jan 17Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Too Much Debt?
Nov 21Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Too Much Debt?
Aug 20Estimating The Fair Value Of Aksh Optifibre Limited (NSE:AKSHOPTFBR)
Jun 13Is Aksh Optifibre (NSE:AKSHOPTFBR) Using Debt Sensibly?
Feb 27Financial Position Analysis
Short Term Liabilities: AKSHOPTFBR's short term assets (₹894.1M) do not cover its short term liabilities (₹2.7B).
Long Term Liabilities: AKSHOPTFBR's short term assets (₹894.1M) exceed its long term liabilities (₹295.4M).
Debt to Equity History and Analysis
Debt Level: AKSHOPTFBR's net debt to equity ratio (230.3%) is considered high.
Reducing Debt: AKSHOPTFBR's debt to equity ratio has increased from 61.1% to 254.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AKSHOPTFBR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AKSHOPTFBR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.1% per year.