Amiable Logistics (India) Balance Sheet Health
Financial Health criteria checks 5/6
Amiable Logistics (India) has a total shareholder equity of ₹82.3M and total debt of ₹20.4M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are ₹136.7M and ₹54.4M respectively. Amiable Logistics (India)'s EBIT is ₹21.3M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹2.9M.
Key information
24.8%
Debt to equity ratio
₹20.39m
Debt
Interest coverage ratio | 8.2x |
Cash | ₹2.89m |
Equity | ₹82.32m |
Total liabilities | ₹54.36m |
Total assets | ₹136.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMIABLE's short term assets (₹75.3M) exceed its short term liabilities (₹53.9M).
Long Term Liabilities: AMIABLE's short term assets (₹75.3M) exceed its long term liabilities (₹419.0K).
Debt to Equity History and Analysis
Debt Level: AMIABLE's net debt to equity ratio (21.3%) 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 well covered by operating cash flow (30.5%).
Interest Coverage: AMIABLE's interest payments on its debt are well covered by EBIT (8.2x coverage).