Godrej Agrovet Balance Sheet Health
Financial Health criteria checks 3/6
Godrej Agrovet has a total shareholder equity of ₹27.7B and total debt of ₹15.6B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are ₹56.7B and ₹29.0B respectively. Godrej Agrovet's EBIT is ₹4.2B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹274.2M.
Key information
56.4%
Debt to equity ratio
₹15.64b
Debt
Interest coverage ratio | 4.4x |
Cash | ₹274.20m |
Equity | ₹27.71b |
Total liabilities | ₹28.96b |
Total assets | ₹56.67b |
Recent financial health updates
Here's Why Godrej Agrovet (NSE:GODREJAGRO) Has A Meaningful Debt Burden
Jan 05Does Godrej Agrovet (NSE:GODREJAGRO) Have A Healthy Balance Sheet?
Jul 04Is Godrej Agrovet (NSE:GODREJAGRO) A Risky Investment?
Mar 16We Think Godrej Agrovet (NSE:GODREJAGRO) Can Stay On Top Of Its Debt
Mar 03Is Godrej Agrovet (NSE:GODREJAGRO) Using Too Much Debt?
Jun 14Godrej Agrovet (NSE:GODREJAGRO) Seems To Use Debt Quite Sensibly
Jan 06Recent updates
Here's Why Godrej Agrovet (NSE:GODREJAGRO) Has A Meaningful Debt Burden
Jan 05With EPS Growth And More, Godrej Agrovet (NSE:GODREJAGRO) Makes An Interesting Case
Nov 24Godrej Agrovet (NSE:GODREJAGRO) Might Be Having Difficulty Using Its Capital Effectively
Oct 07Godrej Agrovet's (NSE:GODREJAGRO) Dividend Will Be ₹9.50
Jul 25Godrej Agrovet (NSE:GODREJAGRO) Will Pay A Dividend Of ₹9.50
Jul 10Does Godrej Agrovet (NSE:GODREJAGRO) Have A Healthy Balance Sheet?
Jul 04Godrej Agrovet (NSE:GODREJAGRO) Is Due To Pay A Dividend Of ₹9.50
May 12A Look At The Intrinsic Value Of Godrej Agrovet Limited (NSE:GODREJAGRO)
Mar 29Is Godrej Agrovet (NSE:GODREJAGRO) A Risky Investment?
Mar 16Do Godrej Agrovet's (NSE:GODREJAGRO) Earnings Warrant Your Attention?
Sep 13Godrej Agrovet (NSE:GODREJAGRO) Has Announced That It Will Be Increasing Its Dividend To ₹9.50
Jul 14The Returns On Capital At Godrej Agrovet (NSE:GODREJAGRO) Don't Inspire Confidence
May 28Godrej Agrovet's (NSE:GODREJAGRO) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12We Think Godrej Agrovet (NSE:GODREJAGRO) Can Stay On Top Of Its Debt
Mar 03Godrej Agrovet (NSE:GODREJAGRO) Could Be Struggling To Allocate Capital
Feb 07Is Godrej Agrovet Limited (NSE:GODREJAGRO) Worth ₹525 Based On Its Intrinsic Value?
Dec 03Some Investors May Be Worried About Godrej Agrovet's (NSE:GODREJAGRO) Returns On Capital
Oct 29Here's Why Godrej Agrovet Limited's (NSE:GODREJAGRO) CEO Compensation Is The Least Of Shareholders' Concerns
Aug 03Godrej Agrovet (NSE:GODREJAGRO) Could Be Struggling To Allocate Capital
Jul 30Is Godrej Agrovet (NSE:GODREJAGRO) Using Too Much Debt?
Jun 14Will Godrej Agrovet (NSE:GODREJAGRO) Multiply In Value Going Forward?
Feb 15Godrej Agrovet Limited (NSE:GODREJAGRO) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Feb 02Godrej Agrovet's(NSE:GODREJAGRO) Share Price Is Down 10% Over The Past Three Years.
Jan 18Godrej Agrovet (NSE:GODREJAGRO) Seems To Use Debt Quite Sensibly
Jan 06Insider Buying: The Godrej Agrovet Limited (NSE:GODREJAGRO) Non-Independent Director Just Bought 61,765% More Shares
Dec 25How Should Investors Feel About Godrej Agrovet's (NSE:GODREJAGRO) CEO Remuneration?
Dec 24Financial Position Analysis
Short Term Liabilities: GODREJAGRO's short term assets (₹23.7B) do not cover its short term liabilities (₹23.8B).
Long Term Liabilities: GODREJAGRO's short term assets (₹23.7B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: GODREJAGRO's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: GODREJAGRO's debt to equity ratio has increased from 23% to 56.4% over the past 5 years.
Debt Coverage: GODREJAGRO's debt is well covered by operating cash flow (44.1%).
Interest Coverage: GODREJAGRO's interest payments on its debt are well covered by EBIT (4.4x coverage).