Agro Tech Foods Balance Sheet Health
Financial Health criteria checks 4/6
Agro Tech Foods has a total shareholder equity of ₹4.9B and total debt of ₹50.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹6.3B and ₹1.3B respectively. Agro Tech Foods's EBIT is ₹51.4M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹76.8M.
Key information
1.0%
Debt to equity ratio
₹50.00m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹76.80m |
| Equity | ₹4.92b |
| Total liabilities | ₹1.33b |
| Total assets | ₹6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500215's short term assets (₹2.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 500215's short term assets (₹2.4B) exceed its long term liabilities (₹250.6M).
Debt to Equity History and Analysis
Debt Level: 500215 has more cash than its total debt.
Reducing Debt: 500215's debt to equity ratio has increased from 0.6% to 1% over the past 5 years.
Debt Coverage: 500215's debt is well covered by operating cash flow (703.9%).
Interest Coverage: 500215's interest payments on its debt are not well covered by EBIT (2.8x coverage).