Ador Welding Balance Sheet Health
Financial Health criteria checks 6/6
Ador Welding has a total shareholder equity of ₹3.3B and total debt of ₹331.5M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ₹4.8B and ₹1.5B respectively. Ador Welding's EBIT is ₹863.3M making its interest coverage ratio 38.9. It has cash and short-term investments of ₹226.2M.
Key information
10.1%
Debt to equity ratio
₹331.50m
Debt
Interest coverage ratio | 38.9x |
Cash | ₹226.20m |
Equity | ₹3.30b |
Total liabilities | ₹1.49b |
Total assets | ₹4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517041's short term assets (₹3.1B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 517041's short term assets (₹3.1B) exceed its long term liabilities (₹89.7M).
Debt to Equity History and Analysis
Debt Level: 517041's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 517041's debt to equity ratio has reduced from 26.4% to 10.1% over the past 5 years.
Debt Coverage: 517041's debt is well covered by operating cash flow (88.3%).
Interest Coverage: 517041's interest payments on its debt are well covered by EBIT (38.9x coverage).