Arvind and Company Shipping Agencies Balance Sheet Health
Financial Health criteria checks 4/6
Arvind and Company Shipping Agencies has a total shareholder equity of ₹309.4M and total debt of ₹101.5M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are ₹496.9M and ₹187.5M respectively. Arvind and Company Shipping Agencies's EBIT is ₹96.6M making its interest coverage ratio 9.1. It has cash and short-term investments of ₹420.0K.
Key information
32.8%
Debt to equity ratio
₹101.51m
Debt
| Interest coverage ratio | 9.1x |
| Cash | ₹420.00k |
| Equity | ₹309.43m |
| Total liabilities | ₹187.50m |
| Total assets | ₹496.93m |
Recent financial health updates
No updates
Recent updates
Market Cool On Arvind and Company Shipping Agencies Limited's (NSE:ACSAL) Earnings Pushing Shares 26% Lower
Oct 24
Arvind and Company Shipping Agencies Limited (NSE:ACSAL) Stock Rockets 26% But Many Are Still Ignoring The Company
Sep 05Even With A 43% Surge, Cautious Investors Are Not Rewarding Arvind and Company Shipping Agencies Limited's (NSE:ACSAL) Performance Completely
Jul 13Financial Position Analysis
Short Term Liabilities: ACSAL's short term assets (₹111.1M) do not cover its short term liabilities (₹111.9M).
Long Term Liabilities: ACSAL's short term assets (₹111.1M) exceed its long term liabilities (₹75.6M).
Debt to Equity History and Analysis
Debt Level: ACSAL's net debt to equity ratio (32.7%) is considered satisfactory.
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 (161.7%).
Interest Coverage: ACSAL's interest payments on its debt are well covered by EBIT (9.1x coverage).