Amiable Logistics (India) Balance Sheet Health
Financial Health criteria checks 5/6
Amiable Logistics (India) has a total shareholder equity of ₹75.5M and total debt of ₹31.5M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are ₹143.5M and ₹68.0M respectively. Amiable Logistics (India)'s EBIT is ₹16.2M making its interest coverage ratio -293.5. It has cash and short-term investments of ₹2.7M.
Key information
41.7%
Debt to equity ratio
₹31.52m
Debt
Interest coverage ratio | -293.5x |
Cash | ₹2.70m |
Equity | ₹75.53m |
Total liabilities | ₹68.01m |
Total assets | ₹143.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMIABLE's short term assets (₹83.9M) exceed its short term liabilities (₹67.3M).
Long Term Liabilities: AMIABLE's short term assets (₹83.9M) exceed its long term liabilities (₹763.0K).
Debt to Equity History and Analysis
Debt Level: AMIABLE's net debt to equity ratio (38.2%) 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 well covered by operating cash flow (56%).
Interest Coverage: AMIABLE earns more interest than it pays, so coverage of interest payments is not a concern.