Avantel Balance Sheet Health
Financial Health criteria checks 5/6
Avantel has a total shareholder equity of ₹2.0B and total debt of ₹116.5M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₹2.7B and ₹723.3M respectively. Avantel's EBIT is ₹813.4M making its interest coverage ratio 83.1. It has cash and short-term investments of ₹85.4M.
Key information
5.9%
Debt to equity ratio
₹116.55m
Debt
| Interest coverage ratio | 83.1x |
| Cash | ₹85.38m |
| Equity | ₹1.97b |
| Total liabilities | ₹723.31m |
| Total assets | ₹2.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AVANTEL's short term assets (₹1.9B) exceed its short term liabilities (₹663.6M).
Long Term Liabilities: AVANTEL's short term assets (₹1.9B) exceed its long term liabilities (₹59.7M).
Debt to Equity History and Analysis
Debt Level: AVANTEL's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: AVANTEL's debt to equity ratio has increased from 0% to 5.9% over the past 5 years.
Debt Coverage: AVANTEL's debt is well covered by operating cash flow (503.6%).
Interest Coverage: AVANTEL's interest payments on its debt are well covered by EBIT (83.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avantel Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |
| Hemindra Hazari | KARVY Stock Broking Limited |