Aries Agro Balance Sheet Health
Financial Health criteria checks 5/6
Aries Agro has a total shareholder equity of ₹2.6B and total debt of ₹550.4M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ₹5.5B and ₹2.8B respectively. Aries Agro's EBIT is ₹490.1M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹68.8M.
Key information
20.9%
Debt to equity ratio
₹550.41m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹68.78m |
| Equity | ₹2.64b |
| Total liabilities | ₹2.82b |
| Total assets | ₹5.46b |
Recent financial health updates
Aries Agro (NSE:ARIES) Has A Somewhat Strained Balance Sheet
Aug 04
Is Aries Agro (NSE:ARIES) Using Too Much Debt?
Feb 25Does Aries Agro (NSE:ARIES) Have A Healthy Balance Sheet?
Jul 16We Think Aries Agro (NSE:ARIES) Is Taking Some Risk With Its Debt
Jan 03
Aries Agro (NSE:ARIES) Takes On Some Risk With Its Use Of Debt
Sep 18Recent updates
Aries Agro Limited's (NSE:ARIES) Earnings Are Not Doing Enough For Some Investors
Jan 31Shareholders May Not Be So Generous With Aries Agro Limited's (NSE:ARIES) CEO Compensation And Here's Why
Sep 23Aries Agro (NSE:ARIES) Is Increasing Its Dividend To ₹1.00
Aug 28Aries Agro (NSE:ARIES) Is Increasing Its Dividend To ₹1.00
Aug 13Aries Agro (NSE:ARIES) Might Be Having Difficulty Using Its Capital Effectively
May 25Do Aries Agro's (NSE:ARIES) Earnings Warrant Your Attention?
Apr 13Aries Agro's (NSE:ARIES) Returns On Capital Not Reflecting Well On The Business
Jan 13Here's Why Shareholders May Want To Be Cautious With Increasing Aries Agro Limited's (NSE:ARIES) CEO Pay Packet
Sep 23Aries Agro (NSE:ARIES) Is Paying Out A Dividend Of ₹0.80
Sep 03Aries Agro (NSE:ARIES) Is Paying Out A Dividend Of ₹0.80
Aug 13Aries Agro (NSE:ARIES) Has A Somewhat Strained Balance Sheet
Aug 04Return Trends At Aries Agro (NSE:ARIES) Aren't Appealing
May 28Is Aries Agro (NSE:ARIES) Using Too Much Debt?
Feb 25Estimating The Fair Value Of Aries Agro Limited (NSE:ARIES)
Jan 24Aries Agro (NSE:ARIES) Has More To Do To Multiply In Value Going Forward
Dec 27With EPS Growth And More, Aries Agro (NSE:ARIES) Is Interesting
Aug 10Does Aries Agro (NSE:ARIES) Have A Healthy Balance Sheet?
Jul 16Will Aries Agro (NSE:ARIES) Multiply In Value Going Forward?
Mar 20Have Insiders Been Buying Aries Agro Limited (NSE:ARIES) Shares?
Feb 27What Can We Conclude About Aries Agro's (NSE:ARIES) CEO Pay?
Feb 09We Think Aries Agro (NSE:ARIES) Is Taking Some Risk With Its Debt
Jan 03Is Aries Agro (NSE:ARIES) Likely To Turn Things Around?
Dec 17Should You Take Comfort From Insider Transactions At Aries Agro Limited (NSE:ARIES)?
Nov 29What Can We Conclude About Aries Agro's (NSE:ARIES) CEO Pay?
Nov 11Is Aries Agro Limited's (NSE:ARIES) 0.6% Dividend Worth Your Time?
Oct 24If You Like EPS Growth Then Check Out Aries Agro (NSE:ARIES) Before It's Too Late
Oct 06Aries Agro (NSE:ARIES) Takes On Some Risk With Its Use Of Debt
Sep 18It's A Story Of Risk Vs Reward With Aries Agro Limited (NSE:ARIES)
Sep 04Have Insiders Sold Aries Agro Limited (NSE:ARIES) Shares Recently?
Aug 26Aries Agro Limited (NSE:ARIES) Might Not Be As Mispriced As It Looks
Aug 21Take Care Before Diving Into The Deep End On Aries Agro Limited (NSE:ARIES)
Aug 07What To Know Before Buying Aries Agro Limited (NSE:ARIES) For Its Dividend
Jul 11Financial Position Analysis
Short Term Liabilities: ARIES's short term assets (₹4.1B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: ARIES's short term assets (₹4.1B) exceed its long term liabilities (₹396.0M).
Debt to Equity History and Analysis
Debt Level: ARIES's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: ARIES's debt to equity ratio has reduced from 72.8% to 20.9% over the past 5 years.
Debt Coverage: ARIES's debt is well covered by operating cash flow (129.2%).
Interest Coverage: ARIES's interest payments on its debt are not well covered by EBIT (2.4x coverage).