Agarwal Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Agarwal Industrial has a total shareholder equity of ₹5.1B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are ₹11.2B and ₹6.1B respectively. Agarwal Industrial's EBIT is ₹1.6B making its interest coverage ratio 6.5. It has cash and short-term investments of ₹980.1M.
Key information
70.6%
Debt to equity ratio
₹3.61b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹980.14m |
| Equity | ₹5.11b |
| Total liabilities | ₹6.09b |
| Total assets | ₹11.20b |
Recent financial health updates
These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Aug 22
These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Aug 02Is Agarwal Industrial (NSE:AGARIND) A Risky Investment?
Jan 07We Think Agarwal Industrial (NSE:AGARIND) Is Taking Some Risk With Its Debt
Nov 22These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Jul 27Recent updates
Why We Think The CEO Of Agarwal Industrial Corporation Limited (NSE:AGARIND) May Soon See A Pay Rise
Sep 07Agarwal Industrial (NSE:AGARIND) Is Paying Out A Larger Dividend Than Last Year
Sep 05Agarwal Industrial (NSE:AGARIND) Will Pay A Larger Dividend Than Last Year At ₹3.00
Aug 22Agarwal Industrial Corporation Limited's (NSE:AGARIND) Price Is Right But Growth Is Lacking After Shares Rocket 34%
Jun 11Impressive Earnings May Not Tell The Whole Story For Agarwal Industrial (NSE:AGARIND)
Jun 03The Trend Of High Returns At Agarwal Industrial (NSE:AGARIND) Has Us Very Interested
Mar 14Here's Why Agarwal Industrial (NSE:AGARIND) Has Caught The Eye Of Investors
Jan 19Why We Think The CEO Of Agarwal Industrial Corporation Limited (NSE:AGARIND) May Soon See A Pay Rise
Sep 09These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Aug 22Does Agarwal Industrial (NSE:AGARIND) Deserve A Spot On Your Watchlist?
Jul 15Agarwal Industrial (NSE:AGARIND) Knows How To Allocate Capital Effectively
Feb 07Shareholders Would Not Be Objecting To Agarwal Industrial Corporation Limited's (NSE:AGARIND) CEO Compensation And Here's Why
Sep 24Agarwal Industrial's (NSE:AGARIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Aug 02Here's Why We Think Agarwal Industrial (NSE:AGARIND) Is Well Worth Watching
Mar 17Is Agarwal Industrial (NSE:AGARIND) A Risky Investment?
Jan 07Shareholders Would Enjoy A Repeat Of Agarwal Industrial's (NSE:AGARIND) Recent Growth In Returns
Nov 25Does Agarwal Industrial (NSE:AGARIND) Deserve A Spot On Your Watchlist?
Oct 22Agarwal Industrial's (NSE:AGARIND) Earnings Are Weaker Than They Seem
Jun 21Here's Why I Think Agarwal Industrial (NSE:AGARIND) Might Deserve Your Attention Today
Jun 09Here's Why I Think Agarwal Industrial (NSE:AGARIND) Might Deserve Your Attention Today
Mar 10Key Things To Watch Out For If You Are After Agarwal Industrial Corporation Limited's (NSE:AGARIND) 1.1% Dividend
Feb 12Will Agarwal Industrial (NSE:AGARIND) Multiply In Value Going Forward?
Jan 28
Is Agarwal Industrial Corporation Limited's (NSE:AGARIND) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 13Does Agarwal Industrial's (NSE:AGARIND) CEO Salary Compare Well With The Performance Of The Company?
Dec 28Here's Why I Think Agarwal Industrial (NSE:AGARIND) Might Deserve Your Attention Today
Dec 10We Think Agarwal Industrial (NSE:AGARIND) Is Taking Some Risk With Its Debt
Nov 22Key Things To Consider Before Buying Agarwal Industrial Corporation Limited (NSE:AGARIND) For Its Dividend
Nov 02Are Investors Overlooking Returns On Capital At Agarwal Industrial (NSE:AGARIND)?
Oct 06Key Things To Understand About Agarwal Industrial's (NSE:AGARIND) CEO Pay Cheque
Sep 10Agarwal Industrial Corporation Limited (NSE:AGARIND) Not Doing Enough For Some Investors
Aug 16These 4 Measures Indicate That Agarwal Industrial (NSE:AGARIND) Is Using Debt Reasonably Well
Jul 27It's A Story Of Risk Vs Reward With Agarwal Industrial Corporation Limited (NSE:AGARIND)
Jul 06Financial Position Analysis
Short Term Liabilities: AGARIND's short term assets (₹5.3B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: AGARIND's short term assets (₹5.3B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: AGARIND's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: AGARIND's debt to equity ratio has increased from 58.3% to 70.6% over the past 5 years.
Debt Coverage: AGARIND's debt is well covered by operating cash flow (31.1%).
Interest Coverage: AGARIND's interest payments on its debt are well covered by EBIT (6.5x coverage).