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
Best Agrolife (NSE:BESTAGRO) Shareholders Will Want The ROCE Trajectory To Continue
Nov 11A Piece Of The Puzzle Missing From Best Agrolife Limited's (NSE:BESTAGRO) Share Price
Oct 20Best Agrolife (NSE:BESTAGRO) Will Pay A Dividend Of ₹3.00
Sep 21Best Agrolife's (NSE:BESTAGRO) Dividend Will Be ₹3.00
Sep 07Further Upside For Best Agrolife Limited (NSE:BESTAGRO) Shares Could Introduce Price Risks After 32% Bounce
Jul 05Why We Like The Returns At Best Agrolife (NSE:BESTAGRO)
Oct 22Here's Why I Think Best Agrolife (NSE:BESTAGRO) Might Deserve Your Attention Today
Jun 10Does Best Agrolife (NSE:BESTAGRO) Deserve A Spot On Your Watchlist?
Feb 24Best Agrolife Limited's (NSE:BESTAGRO) 43% Jump Shows Its Popularity With Investors
Aug 07Best Agrolife's (NSE:BESTAGRO) Earnings Are Weaker Than They Seem
Jul 07Financial Position Analysis
Short Term Liabilities: BESTAGRO's short term assets (₹20.0B) exceed its short term liabilities (₹15.9B).
Long Term Liabilities: BESTAGRO's short term assets (₹20.0B) exceed its long term liabilities (₹546.3M).
Debt to Equity History and Analysis
Debt Level: BESTAGRO's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: BESTAGRO's debt to equity ratio has increased from 13.1% to 75.4% over the past 5 years.
Debt Coverage: BESTAGRO's debt is well covered by operating cash flow (30.8%).
Interest Coverage: BESTAGRO's interest payments on its debt are not well covered by EBIT (2x coverage).