ACME Solar Holdings Balance Sheet Health
Financial Health criteria checks 2/6
ACME Solar Holdings has a total shareholder equity of ₹19.4B and total debt of ₹93.2B, which brings its debt-to-equity ratio to 479.9%. Its total assets and total liabilities are ₹139.9B and ₹120.4B respectively. ACME Solar Holdings's EBIT is ₹7.6B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹17.7B.
Key information
479.9%
Debt to equity ratio
₹93.20b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹17.74b |
| Equity | ₹19.42b |
| Total liabilities | ₹120.43b |
| Total assets | ₹139.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544283's short term assets (₹23.4B) exceed its short term liabilities (₹12.2B).
Long Term Liabilities: 544283's short term assets (₹23.4B) do not cover its long term liabilities (₹108.2B).
Debt to Equity History and Analysis
Debt Level: 544283's net debt to equity ratio (388.5%) is considered high.
Reducing Debt: 544283's debt to equity ratio has increased from 402% to 479.9% over the past 5 years.
Debt Coverage: 544283's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 544283's interest payments on its debt are not well covered by EBIT (1.3x coverage).