Ashapura Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Ashapura Logistics has a total shareholder equity of ₹1.2B and total debt of ₹360.1M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ₹1.8B and ₹569.3M respectively. Ashapura Logistics's EBIT is ₹208.2M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹202.0M.
Key information
28.8%
Debt to equity ratio
₹360.14m
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹202.03m |
| Equity | ₹1.25b |
| Total liabilities | ₹569.28m |
| Total assets | ₹1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASHALOG's short term assets (₹1.3B) exceed its short term liabilities (₹466.2M).
Long Term Liabilities: ASHALOG's short term assets (₹1.3B) exceed its long term liabilities (₹103.1M).
Debt to Equity History and Analysis
Debt Level: ASHALOG's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASHALOG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ASHALOG's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: ASHALOG's interest payments on its debt are well covered by EBIT (6.3x coverage).