Godrej Agrovet Balance Sheet Health
Financial Health criteria checks 3/6
Godrej Agrovet has a total shareholder equity of ₹26.4B and total debt of ₹18.0B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ₹59.9B and ₹33.5B respectively. Godrej Agrovet's EBIT is ₹5.5B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹252.8M.
Key information
68.3%
Debt to equity ratio
₹18.01b
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹252.80m |
| Equity | ₹26.37b |
| Total liabilities | ₹33.49b |
| Total assets | ₹59.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540743's short term assets (₹25.5B) do not cover its short term liabilities (₹27.8B).
Long Term Liabilities: 540743's short term assets (₹25.5B) exceed its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: 540743's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 540743's debt to equity ratio has increased from 30.1% to 68.3% over the past 5 years.
Debt Coverage: 540743's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 540743's interest payments on its debt are well covered by EBIT (5.1x coverage).