Andhra Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Andhra Sugars has a total shareholder equity of ₹16.5B and total debt of ₹170.3M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹20.2B and ₹3.7B respectively. Andhra Sugars's EBIT is ₹664.3M making its interest coverage ratio -6.2. It has cash and short-term investments of ₹2.2B.
Key information
1.0%
Debt to equity ratio
₹170.26m
Debt
| Interest coverage ratio | -6.2x |
| Cash | ₹2.16b |
| Equity | ₹16.46b |
| Total liabilities | ₹3.73b |
| Total assets | ₹20.19b |
Recent financial health updates
These 4 Measures Indicate That Andhra Sugars (NSE:ANDHRSUGAR) Is Using Debt Reasonably Well
Jul 02
These 4 Measures Indicate That Andhra Sugars (NSE:ANDHRSUGAR) Is Using Debt Reasonably Well
Feb 10
Recent updates
The Andhra Sugars Limited's (NSE:ANDHRSUGAR) Low P/E No Reason For Excitement
Mar 14It's Unlikely That The Andhra Sugars Limited's (NSE:ANDHRSUGAR) CEO Will See A Huge Pay Rise This Year
Sep 18Andhra Sugars (NSE:ANDHRSUGAR) Will Pay A Smaller Dividend Than Last Year
Aug 28Andhra Sugars' (NSE:ANDHRSUGAR) Dividend Will Be Reduced To ₹2.00
Jun 01Is Now The Time To Put Andhra Sugars (NSE:ANDHRSUGAR) On Your Watchlist?
Dec 26Andhra Sugars (NSE:ANDHRSUGAR) Has Announced A Dividend Of ₹4.00
Aug 08Andhra Sugars (NSE:ANDHRSUGAR) Will Pay A Dividend Of ₹4.00
Jul 14Andhra Sugars' (NSE:ANDHRSUGAR) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 02Here's What To Make Of Andhra Sugars' (NSE:ANDHRSUGAR) Decelerating Rates Of Return
May 10With EPS Growth And More, Andhra Sugars (NSE:ANDHRSUGAR) Is Interesting
Jan 20Slowing Rates Of Return At Andhra Sugars (NSE:ANDHRSUGAR) Leave Little Room For Excitement
Dec 24Investors Met With Slowing Returns on Capital At Andhra Sugars (NSE:ANDHRSUGAR)
Aug 23These 4 Measures Indicate That Andhra Sugars (NSE:ANDHRSUGAR) Is Using Debt Reasonably Well
Jul 02Andhra Sugars (NSE:ANDHRSUGAR) Hasn't Managed To Accelerate Its Returns
Apr 04Should You Or Shouldn't You: A Dividend Analysis on The Andhra Sugars Limited (NSE:ANDHRSUGAR)
Mar 15How Is Andhra Sugars' (NSE:ANDHRSUGAR) CEO Compensated?
Feb 25These 4 Measures Indicate That Andhra Sugars (NSE:ANDHRSUGAR) Is Using Debt Reasonably Well
Feb 10What Kind Of Investors Own Most Of The Andhra Sugars Limited (NSE:ANDHRSUGAR)?
Jan 23Shareholders Of Andhra Sugars (NSE:ANDHRSUGAR) Must Be Happy With Their 178% Total Return
Jan 06Will The ROCE Trend At Andhra Sugars (NSE:ANDHRSUGAR) Continue?
Dec 19Should You Use Andhra Sugars's (NSE:ANDHRSUGAR) Statutory Earnings To Analyse It?
Dec 01Financial Position Analysis
Short Term Liabilities: ANDHRSUGAR's short term assets (₹8.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: ANDHRSUGAR's short term assets (₹8.3B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: ANDHRSUGAR has more cash than its total debt.
Reducing Debt: ANDHRSUGAR's debt to equity ratio has reduced from 24.7% to 1% over the past 5 years.
Debt Coverage: ANDHRSUGAR's debt is well covered by operating cash flow (1656%).
Interest Coverage: ANDHRSUGAR earns more interest than it pays, so coverage of interest payments is not a concern.