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
Astra Microwave Products (NSE:ASTRAMICRO) Has A Pretty Healthy Balance Sheet
Jun 20
We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Dec 05We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Aug 01We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Nov 22Is Astra Microwave Products (NSE:ASTRAMICRO) A Risky Investment?
Aug 10Astra Microwave Products (NSE:ASTRAMICRO) Has A Somewhat Strained Balance Sheet
Mar 17Recent updates
Getting In Cheap On Astra Microwave Products Limited (NSE:ASTRAMICRO) Is Unlikely
Nov 14Should You Be Adding Astra Microwave Products (NSE:ASTRAMICRO) To Your Watchlist Today?
Oct 19The Return Trends At Astra Microwave Products (NSE:ASTRAMICRO) Look Promising
Oct 01Shareholders May Be More Conservative With Astra Microwave Products Limited's (NSE:ASTRAMICRO) CEO Compensation For Now
Aug 24Astra Microwave Products' (NSE:ASTRAMICRO) Dividend Will Be Increased To ₹2.00
Aug 03Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹2.00
Jul 20Astra Microwave Products (NSE:ASTRAMICRO) Has A Pretty Healthy Balance Sheet
Jun 20Optimistic Investors Push Astra Microwave Products Limited (NSE:ASTRAMICRO) Shares Up 26% But Growth Is Lacking
Jun 02Astra Microwave Products' (NSE:ASTRAMICRO) Solid Profits Have Weak Fundamentals
Jun 01Astra Microwave Products Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 29Here's Why Astra Microwave Products (NSE:ASTRAMICRO) Has Caught The Eye Of Investors
Apr 23Investors Interested In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Earnings
Mar 29Astra Microwave Products (NSE:ASTRAMICRO) Is Experiencing Growth In Returns On Capital
Mar 13These Analysts Think Astra Microwave Products Limited's (NSE:ASTRAMICRO) Sales Are Under Threat
Feb 14If EPS Growth Is Important To You, Astra Microwave Products (NSE:ASTRAMICRO) Presents An Opportunity
Jan 22We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Dec 05Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.60
Aug 20Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹1.60
Aug 02Astra Microwave Products' (NSE:ASTRAMICRO) Upcoming Dividend Will Be Larger Than Last Year's
Jul 17We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Aug 01Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40
Aug 01Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40
Jul 18Here's What To Make Of Astra Microwave Products' (NSE:ASTRAMICRO) Decelerating Rates Of Return
Dec 20We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt
Nov 22Is Astra Microwave Products (NSE:ASTRAMICRO) A Risky Investment?
Aug 10Do Investors Have Good Reason To Be Wary Of Astra Microwave Products Limited's (NSE:ASTRAMICRO) 0.9% Dividend Yield?
Apr 04Astra Microwave Products (NSE:ASTRAMICRO) Has A Somewhat Strained Balance Sheet
Mar 17Don't Ignore The Fact That This Insider Just Sold Some Shares In Astra Microwave Products Limited (NSE:ASTRAMICRO)
Mar 02Financial Position Analysis
Short Term Liabilities: ASTRAMICRO's short term assets (₹13.4B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: ASTRAMICRO's short term assets (₹13.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: ASTRAMICRO's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: ASTRAMICRO's debt to equity ratio has increased from 3.4% to 31.3% over the past 5 years.
Debt Coverage: ASTRAMICRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASTRAMICRO's interest payments on its debt are well covered by EBIT (8x coverage).