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
Here's Why Allied Digital Services (NSE:ADSL) Can Manage Its Debt Responsibly
Feb 03
Is 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 05Is Allied Digital Services (NSE:ADSL) A Risky Investment?
Mar 04Recent updates
Returns 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 31Allied Digital Services Limited (NSE:ADSL) Is An Attractive Dividend Stock - Here's Why
Apr 08Is Allied Digital Services (NSE:ADSL) A Risky Investment?
Mar 04Should We Be Excited About The Trends Of Returns At Allied Digital Services (NSE:ADSL)?
Feb 06Why Dividend Hunters Love Allied Digital Services Limited (NSE:ADSL)
Dec 30Allied Digital Services (NSE:ADSL) Seems To Use Debt Quite Sensibly
Dec 04Returns On Capital - An Important Metric For Allied Digital Services (NSE:ADSL)
Nov 08Is It Smart To Buy Allied Digital Services Limited (NSE:ADSL) Before It Goes Ex-Dividend?
Aug 22Financial Position Analysis
Short Term Liabilities: ADSL's short term assets (₹4.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: ADSL's short term assets (₹4.1B) exceed its long term liabilities (₹123.0M).
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 15.1% to 7.7% over the past 5 years.
Debt Coverage: ADSL's debt is well covered by operating cash flow (156.7%).
Interest Coverage: ADSL's interest payments on its debt are well covered by EBIT (17.8x coverage).