Accuracy Shipping Balance Sheet Health
Financial Health criteria checks 4/6
Accuracy Shipping has a total shareholder equity of ₹1.1B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are ₹2.8B and ₹1.7B respectively. Accuracy Shipping's EBIT is ₹101.5M making its interest coverage ratio 1. It has cash and short-term investments of ₹99.4M.
Key information
95.3%
Debt to equity ratio
₹1.05b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹99.36m |
| Equity | ₹1.10b |
| Total liabilities | ₹1.73b |
| Total assets | ₹2.83b |
Recent financial health updates
We Think Accuracy Shipping (NSE:ACCURACY) Is Taking Some Risk With Its Debt
Sep 04
We Think Accuracy Shipping (NSE:ACCURACY) Can Stay On Top Of Its Debt
Dec 15These 4 Measures Indicate That Accuracy Shipping (NSE:ACCURACY) Is Using Debt Reasonably Well
Jul 07Is Accuracy Shipping (NSE:ACCURACY) A Risky Investment?
Mar 29These 4 Measures Indicate That Accuracy Shipping (NSE:ACCURACY) Is Using Debt Extensively
Dec 17Recent updates
Positive Sentiment Still Eludes Accuracy Shipping Limited (NSE:ACCURACY) Following 26% Share Price Slump
Mar 01Accuracy Shipping Limited's (NSE:ACCURACY) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jan 04Accuracy Shipping (NSE:ACCURACY) Will Want To Turn Around Its Return Trends
Dec 13We Think Accuracy Shipping (NSE:ACCURACY) Is Taking Some Risk With Its Debt
Sep 04Returns On Capital Signal Tricky Times Ahead For Accuracy Shipping (NSE:ACCURACY)
Mar 29Be Wary Of Accuracy Shipping (NSE:ACCURACY) And Its Returns On Capital
Dec 23Here's Why Accuracy Shipping (NSE:ACCURACY) Has Caught The Eye Of Investors
Nov 01Be Wary Of Accuracy Shipping (NSE:ACCURACY) And Its Returns On Capital
Sep 14We Think That There Are Some Issues For Accuracy Shipping (NSE:ACCURACY) Beyond Its Promising Earnings
Jun 07Accuracy Shipping (NSE:ACCURACY) Knows How To Allocate Capital
May 28With EPS Growth And More, Accuracy Shipping (NSE:ACCURACY) Is Interesting
May 05Accuracy Shipping (NSE:ACCURACY) Looks To Prolong Its Impressive Returns
Feb 15We Think Accuracy Shipping (NSE:ACCURACY) Can Stay On Top Of Its Debt
Dec 15Accuracy Shipping (NSE:ACCURACY) Is Reinvesting At Lower Rates Of Return
Aug 05These 4 Measures Indicate That Accuracy Shipping (NSE:ACCURACY) Is Using Debt Reasonably Well
Jul 07Is Accuracy Shipping (NSE:ACCURACY) A Risky Investment?
Mar 29We're Watching These Trends At Accuracy Shipping (NSE:ACCURACY)
Mar 03Should You Be Concerned About Accuracy Shipping Limited's (NSE:ACCURACY) ROE?
Feb 05These 4 Measures Indicate That Accuracy Shipping (NSE:ACCURACY) Is Using Debt Extensively
Dec 17Financial Position Analysis
Short Term Liabilities: ACCURACY's short term assets (₹2.1B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: ACCURACY's short term assets (₹2.1B) exceed its long term liabilities (₹350.2M).
Debt to Equity History and Analysis
Debt Level: ACCURACY's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: ACCURACY's debt to equity ratio has reduced from 107.6% to 95.3% over the past 5 years.
Debt Coverage: ACCURACY's debt is well covered by operating cash flow (35.8%).
Interest Coverage: ACCURACY's interest payments on its debt are not well covered by EBIT (1x coverage).