Agarwal Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Agarwal Industrial has a total shareholder equity of ₹4.5B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ₹7.6B and ₹3.1B respectively. Agarwal Industrial's EBIT is ₹1.3B making its interest coverage ratio 9.6. It has cash and short-term investments of ₹462.7M.
Key information
46.5%
Debt to equity ratio
₹2.07b
Debt
Interest coverage ratio | 9.6x |
Cash | ₹462.73m |
Equity | ₹4.45b |
Total liabilities | ₹3.13b |
Total assets | ₹7.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531921's short term assets (₹3.4B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 531921's short term assets (₹3.4B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 531921's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 531921's debt to equity ratio has reduced from 61.6% to 46.5% over the past 5 years.
Debt Coverage: 531921's debt is well covered by operating cash flow (52%).
Interest Coverage: 531921's interest payments on its debt are well covered by EBIT (9.6x coverage).