Astra Microwave Products Balance Sheet Health
Financial Health criteria checks 4/6
Astra Microwave Products has a total shareholder equity of ₹9.7B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ₹14.7B and ₹5.1B respectively. Astra Microwave Products's EBIT is ₹1.7B making its interest coverage ratio 5.3. It has cash and short-term investments of ₹1.3B.
Key information
24.6%
Debt to equity ratio
₹2.38b
Debt
Interest coverage ratio | 5.3x |
Cash | ₹1.31b |
Equity | ₹9.66b |
Total liabilities | ₹5.08b |
Total assets | ₹14.74b |
Recent financial health updates
Astra Microwave Products (NSE:ASTRAMICRO) Has A Pretty Healthy Balance Sheet
Jun 20We 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
Astra 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 02What Kind Of Shareholders Hold The Majority In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Shares?
Feb 17Astra Microwave Products Limited (NSE:ASTRAMICRO) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 31Astra Microwave Products (NSE:ASTRAMICRO) Shareholders Have Enjoyed A 43% Share Price Gain
Jan 18The Trends At Astra Microwave Products (NSE:ASTRAMICRO) That You Should Know About
Jan 05Investors In Astra Microwave Products Limited (NSE:ASTRAMICRO) Should Consider This, First
Dec 23Don't Ignore The Fact That This Insider Just Sold Some Shares In Astra Microwave Products Limited (NSE:ASTRAMICRO)
Dec 10Financial Position Analysis
Short Term Liabilities: ASTRAMICRO's short term assets (₹12.3B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: ASTRAMICRO's short term assets (₹12.3B) exceed its long term liabilities (₹739.8M).
Debt to Equity History and Analysis
Debt Level: ASTRAMICRO's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: ASTRAMICRO's debt to equity ratio has increased from 3.4% to 24.6% 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 (5.3x coverage).