Allied Digital Services Balance Sheet Health
Financial Health criteria checks 6/6
Allied Digital Services has a total shareholder equity of ₹6.4B and total debt of ₹465.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ₹8.3B and ₹2.0B respectively. Allied Digital Services's EBIT is ₹659.3M making its interest coverage ratio 11.9. It has cash and short-term investments of ₹1.7B.
Key information
7.3%
Debt to equity ratio
₹465.00m
Debt
| Interest coverage ratio | 11.9x |
| Cash | ₹1.72b |
| Equity | ₹6.35b |
| Total liabilities | ₹1.99b |
| Total assets | ₹8.34b |
Recent financial health updates
We Think Allied Digital Services (NSE:ADSL) Can Stay On Top Of Its Debt
Jul 01
Here's Why Allied Digital Services (NSE:ADSL) Can Manage Its Debt Responsibly
Feb 03Is Allied Digital Services (NSE:ADSL) Using Too Much Debt?
Jul 14Allied Digital Services (NSE:ADSL) Seems To Use Debt Rather Sparingly
May 26Is Allied Digital Services (NSE:ADSL) A Risky Investment?
Feb 07Allied Digital Services (NSE:ADSL) Seems To Use Debt Quite Sensibly
Jul 05Recent updates
A Piece Of The Puzzle Missing From Allied Digital Services Limited's (NSE:ADSL) 38% Share Price Climb
Sep 12Is It Too Late To Consider Buying Allied Digital Services Limited (NSE:ADSL)?
Aug 31The Market Lifts Allied Digital Services Limited (NSE:ADSL) Shares 35% But It Can Do More
Jul 28We Think Allied Digital Services (NSE:ADSL) Can Stay On Top Of Its Debt
Jul 01Potential Upside For Allied Digital Services Limited (NSE:ADSL) Not Without Risk
Jun 13Returns At Allied Digital Services (NSE:ADSL) Are On The Way Up
Apr 04Estimating The Intrinsic Value Of Allied Digital Services Limited (NSE:ADSL)
Mar 14Here's Why Allied Digital Services (NSE:ADSL) Can Manage Its Debt Responsibly
Feb 03Returns On Capital Are Showing Encouraging Signs At Allied Digital Services (NSE:ADSL)
Dec 27Is Allied Digital Services (NSE:ADSL) Using Too Much Debt?
Jul 14Allied Digital Services (NSE:ADSL) Might Have The Makings Of A Multi-Bagger
Apr 07Do Allied Digital Services' (NSE:ADSL) Earnings Warrant Your Attention?
Mar 15We Like These Underlying Return On Capital Trends At Allied Digital Services (NSE:ADSL)
Nov 10With EPS Growth And More, Allied Digital Services (NSE:ADSL) Makes An Interesting Case
Jul 14Allied Digital Services (NSE:ADSL) Seems To Use Debt Rather Sparingly
May 26Allied Digital Services (NSE:ADSL) Might Have The Makings Of A Multi-Bagger
May 10Here's Why We Think Allied Digital Services (NSE:ADSL) Is Well Worth Watching
Apr 06Is Allied Digital Services (NSE:ADSL) A Risky Investment?
Feb 07Here's Why I Think Allied Digital Services (NSE:ADSL) Is An Interesting Stock
Dec 27Investors Met With Slowing Returns on Capital At Allied Digital Services (NSE:ADSL)
Dec 08Allied Digital Services (NSE:ADSL) Is Increasing Its Dividend To ₹0.75
Aug 22Allied Digital Services (NSE:ADSL) Seems To Use Debt Quite Sensibly
Jul 05Slowing Rates Of Return At Allied Digital Services (NSE:ADSL) Leave Little Room For Excitement
May 31Financial Position Analysis
Short Term Liabilities: ADSL's short term assets (₹5.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: ADSL's short term assets (₹5.2B) exceed its long term liabilities (₹481.0M).
Debt to Equity History and Analysis
Debt Level: ADSL has more cash than its total debt.
Reducing Debt: ADSL's debt to equity ratio has reduced from 11.3% to 7.3% over the past 5 years.
Debt Coverage: ADSL's debt is well covered by operating cash flow (222.5%).
Interest Coverage: ADSL's interest payments on its debt are well covered by EBIT (11.9x coverage).