Ador Welding Limited

NSEI:ADORWELD Stock Report

Market Cap: ₹15.8b

Ador Welding Balance Sheet Health

Financial Health criteria checks 6/6

Ador Welding has a total shareholder equity of ₹4.7B and total debt of ₹385.5M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ₹6.9B and ₹2.2B respectively. Ador Welding's EBIT is ₹696.6M making its interest coverage ratio 19.5. It has cash and short-term investments of ₹702.4M.

Key information

8.1%

Debt to equity ratio

₹385.50m

Debt

Interest coverage ratio19.5x
Cash₹702.40m
Equity₹4.73b
Total liabilities₹2.16b
Total assets₹6.89b

Recent financial health updates

Recent updates

Ador Welding Limited (NSE:ADORWELD) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 14
Ador Welding Limited (NSE:ADORWELD) Looks Inexpensive But Perhaps Not Attractive Enough

It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Jul 20
It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Ador Welding Limited's (NSE:ADORWELD) Business Is Trailing The Market But Its Shares Aren't

Jun 12
Ador Welding Limited's (NSE:ADORWELD) Business Is Trailing The Market But Its Shares Aren't

Should You Be Adding Ador Welding (NSE:ADORWELD) To Your Watchlist Today?

Oct 19
Should You Be Adding Ador Welding (NSE:ADORWELD) To Your Watchlist Today?

Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?

Feb 07
Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?

With EPS Growth And More, Ador Welding (NSE:ADORWELD) Makes An Interesting Case

Jan 03
With EPS Growth And More, Ador Welding (NSE:ADORWELD) Makes An Interesting Case

Calculating The Fair Value Of Ador Welding Limited (NSE:ADORWELD)

Nov 10
Calculating The Fair Value Of Ador Welding Limited (NSE:ADORWELD)

Returns On Capital At Ador Welding (NSE:ADORWELD) Paint A Concerning Picture

Jul 04
Returns On Capital At Ador Welding (NSE:ADORWELD) Paint A Concerning Picture

The Returns On Capital At Ador Welding (NSE:ADORWELD) Don't Inspire Confidence

Mar 12
The Returns On Capital At Ador Welding (NSE:ADORWELD) Don't Inspire Confidence

Aditya Malkani Is The MD & Director of Ador Welding Limited (NSE:ADORWELD) And They Just Picked Up 5.6% More Shares

Feb 22
Aditya Malkani Is The MD & Director of Ador Welding Limited (NSE:ADORWELD) And They Just Picked Up 5.6% More Shares

We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt

Jan 30
We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt

Ador Welding Limited (NSE:ADORWELD) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Jan 13
Ador Welding Limited (NSE:ADORWELD) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Ador Welding (NSE:ADORWELD) Share Prices Have Dropped 48% In The Last Three Years

Dec 29
Ador Welding (NSE:ADORWELD) Share Prices Have Dropped 48% In The Last Three Years

Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares

Dec 12
Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares

Is Ador Welding (NSE:ADORWELD) Struggling?

Dec 10
Is Ador Welding (NSE:ADORWELD) Struggling?

Ador Welding Limited (NSE:ADORWELD) Is Yielding 2.5% - But Is It A Buy?

Nov 22
Ador Welding Limited (NSE:ADORWELD) Is Yielding 2.5% - But Is It A Buy?

Need To Know: Ador Welding Limited (NSE:ADORWELD) Insiders Have Been Buying Shares

Oct 26
Need To Know: Ador Welding Limited (NSE:ADORWELD) Insiders Have Been Buying Shares

Ador Welding Limited's (NSE:ADORWELD) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Sep 30
Ador Welding Limited's (NSE:ADORWELD) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Should We Be Excited About The Trends Of Returns At Ador Welding (NSE:ADORWELD)?

Sep 09
Should We Be Excited About The Trends Of Returns At Ador Welding (NSE:ADORWELD)?

Financial Position Analysis

Short Term Liabilities: ADORWELD's short term assets (₹4.4B) exceed its short term liabilities (₹2.0B).

Long Term Liabilities: ADORWELD's short term assets (₹4.4B) exceed its long term liabilities (₹135.8M).


Debt to Equity History and Analysis

Debt Level: ADORWELD has more cash than its total debt.

Reducing Debt: ADORWELD's debt to equity ratio has reduced from 30% to 8.1% over the past 5 years.

Debt Coverage: ADORWELD's debt is well covered by operating cash flow (191.6%).

Interest Coverage: ADORWELD's interest payments on its debt are well covered by EBIT (19.5x coverage).


Balance Sheet


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