Best Agrolife Balance Sheet Health
Financial Health criteria checks 3/6
Best Agrolife has a total shareholder equity of ₹7.1B and total debt of ₹5.9B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are ₹23.1B and ₹16.0B respectively. Best Agrolife's EBIT is ₹2.9B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹560.4M.
Key information
84.3%
Debt to equity ratio
₹5.95b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹560.40m |
| Equity | ₹7.06b |
| Total liabilities | ₹16.02b |
| Total assets | ₹23.07b |
Recent financial health updates
No updates
Recent updates
Why We Like The Returns At Best Agrolife (NSE:BESTAGRO)
Oct 22
Here'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 (₹20.1B) exceed its short term liabilities (₹15.5B).
Long Term Liabilities: BESTAGRO's short term assets (₹20.1B) exceed its long term liabilities (₹488.5M).
Debt to Equity History and Analysis
Debt Level: BESTAGRO's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: BESTAGRO's debt to equity ratio has increased from 24.6% to 84.3% over the past 5 years.
Debt Coverage: BESTAGRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BESTAGRO's interest payments on its debt are well covered by EBIT (5.4x coverage).