Agro Tech Foods Balance Sheet Health
Financial Health criteria checks 5/6
Agro Tech Foods has a total shareholder equity of ₹5.0B and total debt of ₹335.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹6.4B and ₹1.4B respectively. Agro Tech Foods's EBIT is ₹130.3M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹141.2M.
Key information
6.7%
Debt to equity ratio
₹335.00m
Debt
Interest coverage ratio | 4.5x |
Cash | ₹141.20m |
Equity | ₹5.00b |
Total liabilities | ₹1.43b |
Total assets | ₹6.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500215's short term assets (₹2.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 500215's short term assets (₹2.6B) exceed its long term liabilities (₹259.3M).
Debt to Equity History and Analysis
Debt Level: 500215's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 500215's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: 500215's debt is well covered by operating cash flow (186.9%).
Interest Coverage: 500215's interest payments on its debt are well covered by EBIT (4.5x coverage).