Ador Welding Balance Sheet Health
Financial Health criteria checks 6/6
Ador Welding has a total shareholder equity of ₹3.6B and total debt of ₹440.1M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ₹5.2B and ₹1.6B respectively. Ador Welding's EBIT is ₹864.6M making its interest coverage ratio 27.7. It has cash and short-term investments of ₹218.8M.
Key information
12.1%
Debt to equity ratio
₹440.10m
Debt
| Interest coverage ratio | 27.7x |
| Cash | ₹218.80m |
| Equity | ₹3.62b |
| Total liabilities | ₹1.58b |
| Total assets | ₹5.21b |
Recent financial health updates
Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?
Feb 07
We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt
Jan 30Recent updates
It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package
Jul 20Ador Welding Limited's (NSE:ADORWELD) Business Is Trailing The Market But Its Shares Aren't
Jun 12Should You Be Adding Ador Welding (NSE:ADORWELD) To Your Watchlist Today?
Oct 19Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?
Feb 07With EPS Growth And More, Ador Welding (NSE:ADORWELD) Makes An Interesting Case
Jan 03Calculating The Fair Value Of Ador Welding Limited (NSE:ADORWELD)
Nov 10Returns On Capital At Ador Welding (NSE:ADORWELD) Paint A Concerning Picture
Jul 04The Returns On Capital At Ador Welding (NSE:ADORWELD) Don't Inspire Confidence
Mar 12Aditya Malkani Is The MD & Director of Ador Welding Limited (NSE:ADORWELD) And They Just Picked Up 5.6% More Shares
Feb 22We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt
Jan 30Ador Welding Limited (NSE:ADORWELD) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 13Ador Welding (NSE:ADORWELD) Share Prices Have Dropped 48% In The Last Three Years
Dec 29
Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares
Dec 12Is Ador Welding (NSE:ADORWELD) Struggling?
Dec 10Ador Welding Limited (NSE:ADORWELD) Is Yielding 2.5% - But Is It A Buy?
Nov 22Need To Know: Ador Welding Limited (NSE:ADORWELD) Insiders Have Been Buying Shares
Oct 26Ador Welding Limited's (NSE:ADORWELD) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Sep 30Should We Be Excited About The Trends Of Returns At Ador Welding (NSE:ADORWELD)?
Sep 09Financial Position Analysis
Short Term Liabilities: ADORWELD's short term assets (₹3.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: ADORWELD's short term assets (₹3.2B) exceed its long term liabilities (₹92.2M).
Debt to Equity History and Analysis
Debt Level: ADORWELD's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: ADORWELD's debt to equity ratio has reduced from 24.9% to 12.1% over the past 5 years.
Debt Coverage: ADORWELD's debt is well covered by operating cash flow (78.4%).
Interest Coverage: ADORWELD's interest payments on its debt are well covered by EBIT (27.7x coverage).