Best Agrolife Balance Sheet Health
Financial Health criteria checks 3/6
Best Agrolife has a total shareholder equity of ₹7.6B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are ₹24.0B and ₹16.5B respectively. Best Agrolife's EBIT is ₹1.2B making its interest coverage ratio 2. It has cash and short-term investments of ₹1.2B.
Key information
75.4%
Debt to equity ratio
₹5.70b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹1.18b |
| Equity | ₹7.56b |
| Total liabilities | ₹16.47b |
| Total assets | ₹24.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539660's short term assets (₹20.0B) exceed its short term liabilities (₹15.9B).
Long Term Liabilities: 539660's short term assets (₹20.0B) exceed its long term liabilities (₹546.3M).
Debt to Equity History and Analysis
Debt Level: 539660's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: 539660's debt to equity ratio has increased from 13.1% to 75.4% over the past 5 years.
Debt Coverage: 539660's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 539660's interest payments on its debt are not well covered by EBIT (2x coverage).