Godrej Agrovet Balance Sheet Health
Financial Health criteria checks 4/6
Godrej Agrovet has a total shareholder equity of ₹29.2B and total debt of ₹14.2B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are ₹57.0B and ₹27.8B respectively. Godrej Agrovet's EBIT is ₹5.3B making its interest coverage ratio 5.5. It has cash and short-term investments of ₹578.5M.
Key information
48.5%
Debt to equity ratio
₹14.16b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹578.50m |
| Equity | ₹29.21b |
| Total liabilities | ₹27.82b |
| Total assets | ₹57.03b |
Recent financial health updates
Godrej Agrovet (NSE:GODREJAGRO) Has A Pretty Healthy Balance Sheet
Sep 18
Is Godrej Agrovet (NSE:GODREJAGRO) A Risky Investment?
Jun 15Here'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 03Recent updates
Godrej Agrovet (NSE:GODREJAGRO) Has A Pretty Healthy Balance Sheet
Sep 18Do Godrej Agrovet's (NSE:GODREJAGRO) Earnings Warrant Your Attention?
Sep 03Shareholders Will Most Likely Find Godrej Agrovet Limited's (NSE:GODREJAGRO) CEO Compensation Acceptable
Jul 26Godrej Agrovet's (NSE:GODREJAGRO) Upcoming Dividend Will Be Larger Than Last Year's
Jul 18Investors Appear Satisfied With Godrej Agrovet Limited's (NSE:GODREJAGRO) Prospects As Shares Rocket 27%
Jun 29Godrej Agrovet (NSE:GODREJAGRO) Will Pay A Larger Dividend Than Last Year At ₹10.00
Jun 20Is Godrej Agrovet (NSE:GODREJAGRO) A Risky Investment?
Jun 15Godrej Agrovet (NSE:GODREJAGRO) Is Increasing Its Dividend To ₹10.00
May 12Godrej Agrovet Limited (NSE:GODREJAGRO) Full-Year Results: Here's What Analysts Are Forecasting For This Year
May 11Be Wary Of Godrej Agrovet (NSE:GODREJAGRO) And Its Returns On Capital
Apr 04Here'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 30Financial Position Analysis
Short Term Liabilities: GODREJAGRO's short term assets (₹22.8B) exceed its short term liabilities (₹21.9B).
Long Term Liabilities: GODREJAGRO's short term assets (₹22.8B) exceed its long term liabilities (₹5.9B).
Debt to Equity History and Analysis
Debt Level: GODREJAGRO's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: GODREJAGRO's debt to equity ratio has increased from 19.4% to 48.5% over the past 5 years.
Debt Coverage: GODREJAGRO's debt is well covered by operating cash flow (47.9%).
Interest Coverage: GODREJAGRO's interest payments on its debt are well covered by EBIT (5.5x coverage).