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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 21:43 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Godrej Agrovet Limited is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Gnanasundaram Saminathan | Avendus Spark |