Allied Blenders and Distillers Balance Sheet Health
Financial Health criteria checks 3/6
Allied Blenders and Distillers has a total shareholder equity of ₹14.1B and total debt of ₹7.1B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are ₹32.0B and ₹17.9B respectively. Allied Blenders and Distillers's EBIT is ₹2.3B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹1.1B.
Key information
50.5%
Debt to equity ratio
₹7.12b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹1.06b |
| Equity | ₹14.09b |
| Total liabilities | ₹17.94b |
| Total assets | ₹32.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABDL's short term assets (₹24.4B) exceed its short term liabilities (₹17.6B).
Long Term Liabilities: ABDL's short term assets (₹24.4B) exceed its long term liabilities (₹298.4M).
Debt to Equity History and Analysis
Debt Level: ABDL's net debt to equity ratio (43%) is considered high.
Reducing Debt: ABDL's debt to equity ratio has reduced from 355.1% to 50.5% over the past 5 years.
Debt Coverage: ABDL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ABDL's interest payments on its debt are not well covered by EBIT (1.5x coverage).