Allied Digital Services Balance Sheet Health
Financial Health criteria checks 6/6
Allied Digital Services has a total shareholder equity of ₹5.9B and total debt of ₹456.8M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₹7.2B and ₹1.3B respectively. Allied Digital Services's EBIT is ₹611.6M making its interest coverage ratio 17.8. It has cash and short-term investments of ₹993.2M.
Key information
7.7%
Debt to equity ratio
₹456.80m
Debt
Interest coverage ratio | 17.8x |
Cash | ₹993.20m |
Equity | ₹5.94b |
Total liabilities | ₹1.26b |
Total assets | ₹7.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532875's short term assets (₹4.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 532875's short term assets (₹4.1B) exceed its long term liabilities (₹123.0M).
Debt to Equity History and Analysis
Debt Level: 532875 has more cash than its total debt.
Reducing Debt: 532875's debt to equity ratio has reduced from 15.1% to 7.7% over the past 5 years.
Debt Coverage: 532875's debt is well covered by operating cash flow (156.7%).
Interest Coverage: 532875's interest payments on its debt are well covered by EBIT (17.8x coverage).