Arvind and Company Shipping Agencies Balance Sheet Health
Financial Health criteria checks 2/6
Arvind and Company Shipping Agencies has a total shareholder equity of ₹120.2M and total debt of ₹242.0M, which brings its debt-to-equity ratio to 201.3%. Its total assets and total liabilities are ₹406.0M and ₹285.8M respectively. Arvind and Company Shipping Agencies's EBIT is ₹90.5M making its interest coverage ratio 7.5. It has cash and short-term investments of ₹256.0K.
Key information
201.3%
Debt to equity ratio
₹242.03m
Debt
Interest coverage ratio | 7.5x |
Cash | ₹256.00k |
Equity | ₹120.24m |
Total liabilities | ₹285.76m |
Total assets | ₹406.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACSAL's short term assets (₹128.3M) do not cover its short term liabilities (₹152.5M).
Long Term Liabilities: ACSAL's short term assets (₹128.3M) do not cover its long term liabilities (₹133.3M).
Debt to Equity History and Analysis
Debt Level: ACSAL's net debt to equity ratio (201.1%) is considered high.
Reducing Debt: Insufficient data to determine if ACSAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ACSAL's debt is well covered by operating cash flow (22.7%).
Interest Coverage: ACSAL's interest payments on its debt are well covered by EBIT (7.5x coverage).