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
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
Should 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 (₹3.1B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: ADORWELD's short term assets (₹3.1B) exceed its long term liabilities (₹89.7M).
Debt to Equity History and Analysis
Debt Level: ADORWELD's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: ADORWELD's debt to equity ratio has reduced from 26.4% to 10.1% over the past 5 years.
Debt Coverage: ADORWELD's debt is well covered by operating cash flow (88.3%).
Interest Coverage: ADORWELD's interest payments on its debt are well covered by EBIT (38.9x coverage).