Albert David Balance Sheet Health
Financial Health criteria checks 6/6
Albert David has a total shareholder equity of ₹3.5B and total debt of ₹9.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹4.5B and ₹1.0B respectively. Albert David's EBIT is ₹400.5M making its interest coverage ratio 160.1. It has cash and short-term investments of ₹2.2B.
Key information
0.3%
Debt to equity ratio
₹9.44m
Debt
| Interest coverage ratio | 160.1x |
| Cash | ₹2.23b |
| Equity | ₹3.50b |
| Total liabilities | ₹1.04b |
| Total assets | ₹4.55b |
Recent financial health updates
No updates
Recent updates
Positive Sentiment Still Eludes Albert David Limited (NSE:ALBERTDAVD) Following 25% Share Price Slump
Mar 20
The Market Lifts Albert David Limited (NSE:ALBERTDAVD) Shares 33% But It Can Do More
Jan 20Albert David (NSE:ALBERTDAVD) Will Pay A Dividend Of ₹9.00
Jul 04Albert David (NSE:ALBERTDAVD) Is Paying Out A Dividend Of ₹9.00
May 22Here's Why We Think Albert David (NSE:ALBERTDAVD) Is Well Worth Watching
Feb 14We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Albert David Limited's (NSE:ALBERTDAVD) CEO For Now
Sep 08Calculating The Intrinsic Value Of Albert David Limited (NSE:ALBERTDAVD)
Feb 06Do Fundamentals Have Any Role To Play In Driving Albert David Limited's (NSE:ALBERTDAVD) Stock Up Recently?
Jan 22
Why Albert David's (NSE:ALBERTDAVD) CEO Pay Matters
Jan 07Have Insiders Been Buying Albert David Limited (NSE:ALBERTDAVD) Shares?
Dec 23Here's Why Albert David's (NSE:ALBERTDAVD) Statutory Earnings Are Arguably Too Conservative
Dec 08Should You Or Shouldn't You: A Dividend Analysis on Albert David Limited (NSE:ALBERTDAVD)
Nov 23A Look At The Intrinsic Value Of Albert David Limited (NSE:ALBERTDAVD)
Nov 08Should Weakness in Albert David Limited's (NSE:ALBERTDAVD) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Oct 13Is Now The Time To Put Albert David (NSE:ALBERTDAVD) On Your Watchlist?
Sep 28What Does Albert David's (NSE:ALBERTDAVD) CEO Pay Reveal?
Sep 13Are Insiders Buying Albert David Limited (NSE:ALBERTDAVD) Stock?
Aug 28Should You Buy Albert David Limited (NSE:ALBERTDAVD) For Its Dividend?
Aug 10A Look At The Fair Value Of Albert David Limited (NSE:ALBERTDAVD)
Aug 10Albert David Limited (NSE:ALBERTDAVD) Might Not Be As Mispriced As It Looks
Jul 20Financial Position Analysis
Short Term Liabilities: ALBERTDAVD's short term assets (₹3.2B) exceed its short term liabilities (₹897.1M).
Long Term Liabilities: ALBERTDAVD's short term assets (₹3.2B) exceed its long term liabilities (₹145.5M).
Debt to Equity History and Analysis
Debt Level: ALBERTDAVD has more cash than its total debt.
Reducing Debt: ALBERTDAVD's debt to equity ratio has reduced from 2.4% to 0.3% over the past 5 years.
Debt Coverage: ALBERTDAVD's debt is well covered by operating cash flow (2432.3%).
Interest Coverage: ALBERTDAVD's interest payments on its debt are well covered by EBIT (160.1x coverage).