Agros Development Company "Proodos" Public Ltd

CSE:AGRO Stock Report

Market Cap: €5.2m

Agros Development Company Proodos Balance Sheet Health

Financial Health criteria checks 4/6

Agros Development Company Proodos has a total shareholder equity of €8.2M and total debt of €3.7M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €13.5M and €5.3M respectively. Agros Development Company Proodos's EBIT is €714.5K making its interest coverage ratio 3.4. It has cash and short-term investments of €224.8K.

Key information

45.3%

Debt to equity ratio

€3.70m

Debt

Interest coverage ratio3.4x
Cash€224.76k
Equity€8.17m
Total liabilities€5.30m
Total assets€13.48m

Recent financial health updates

No updates

Recent updates

Robust Earnings May Not Tell The Whole Story For Agros Development Company Proodos (CSE:AGRO)

May 28
Robust Earnings May Not Tell The Whole Story For Agros Development Company Proodos (CSE:AGRO)

Returns On Capital Are Showing Encouraging Signs At Agros Development Company Proodos (CSE:AGRO)

Apr 07
Returns On Capital Are Showing Encouraging Signs At Agros Development Company Proodos (CSE:AGRO)

What We Make Of Agros Development Company Proodos' (CSE:AGRO) Returns On Capital

Dec 21
What We Make Of Agros Development Company Proodos' (CSE:AGRO) Returns On Capital

Financial Position Analysis

Short Term Liabilities: AGRO's short term assets (€1.1M) exceed its short term liabilities (€1.1M).

Long Term Liabilities: AGRO's short term assets (€1.1M) do not cover its long term liabilities (€4.2M).


Debt to Equity History and Analysis

Debt Level: AGRO's net debt to equity ratio (42.5%) is considered high.

Reducing Debt: AGRO's debt to equity ratio has reduced from 102.8% to 45.3% over the past 5 years.

Debt Coverage: AGRO's debt is well covered by operating cash flow (26%).

Interest Coverage: AGRO's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Discover healthy companies