Amiable Logistics (India) Balance Sheet Health
Financial Health criteria checks 4/6
Amiable Logistics (India) has a total shareholder equity of ₹89.1M and total debt of ₹28.7M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are ₹133.9M and ₹44.8M respectively. Amiable Logistics (India)'s EBIT is ₹16.6M making its interest coverage ratio -9.7. It has cash and short-term investments of ₹1.9M.
Key information
32.2%
Debt to equity ratio
₹28.72m
Debt
| Interest coverage ratio | -9.7x |
| Cash | ₹1.86m |
| Equity | ₹89.09m |
| Total liabilities | ₹44.79m |
| Total assets | ₹133.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMIABLE's short term assets (₹72.8M) exceed its short term liabilities (₹44.5M).
Long Term Liabilities: AMIABLE's short term assets (₹72.8M) exceed its long term liabilities (₹332.0K).
Debt to Equity History and Analysis
Debt Level: AMIABLE's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AMIABLE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AMIABLE's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: AMIABLE earns more interest than it pays, so coverage of interest payments is not a concern.