Allied Digital Services Balance Sheet Health
Financial Health criteria checks 6/6
Allied Digital Services has a total shareholder equity of ₹6.2B and total debt of ₹596.4M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₹7.8B and ₹1.6B respectively. Allied Digital Services's EBIT is ₹670.1M making its interest coverage ratio 12.9. It has cash and short-term investments of ₹1.4B.
Key information
9.6%
Debt to equity ratio
₹596.40m
Debt
Interest coverage ratio | 12.9x |
Cash | ₹1.38b |
Equity | ₹6.19b |
Total liabilities | ₹1.59b |
Total assets | ₹7.78b |
Recent financial health updates
We Think Allied Digital Services (NSE:ADSL) Can Stay On Top Of Its Debt
Jul 01Here'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
We 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 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 04Financial Position Analysis
Short Term Liabilities: ADSL's short term assets (₹4.5B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: ADSL's short term assets (₹4.5B) exceed its long term liabilities (₹348.0M).
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 14.5% to 9.6% over the past 5 years.
Debt Coverage: ADSL's debt is well covered by operating cash flow (113.4%).
Interest Coverage: ADSL's interest payments on its debt are well covered by EBIT (12.9x coverage).