AVG Logistics Balance Sheet Health

Financial Health criteria checks 2/6

AVG Logistics has a total shareholder equity of ₹1.0B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 234.9%. Its total assets and total liabilities are ₹3.9B and ₹2.9B respectively. AVG Logistics's EBIT is ₹490.0M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹26.7M.

Key information

234.9%

Debt to equity ratio

₹2.40b

Debt

Interest coverage ratio	1.8x
Cash	₹26.68m
Equity	₹1.02b
Total liabilities	₹2.92b
Total assets	₹3.94b

Recent financial health updates

AVG Logistics (NSE:AVG) Takes On Some Risk With Its Use Of Debt

Jan 30

Recent updates

AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up

Mar 15

Does AVG Logistics (NSE:AVG) Deserve A Spot On Your Watchlist?

Feb 20

Why Investors Shouldn't Be Surprised By AVG Logistics Limited's (NSE:AVG) 30% Share Price Surge

Jan 10

AVG Logistics' (NSE:AVG) Returns On Capital Not Reflecting Well On The Business

Nov 22

AVG Logistics Limited's (NSE:AVG) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 23

Financial Position Analysis

Short Term Liabilities: AVG's short term assets (₹1.7B) exceed its short term liabilities (₹1.4B).

Long Term Liabilities: AVG's short term assets (₹1.7B) exceed its long term liabilities (₹1.5B).

Debt to Equity History and Analysis

Debt Level: AVG's net debt to equity ratio (232.3%) is considered high.

Reducing Debt: AVG's debt to equity ratio has increased from 113.7% to 234.9% over the past 5 years.

Debt Coverage: AVG's debt is not well covered by operating cash flow (16.4%).

Interest Coverage: AVG's interest payments on its debt are not well covered by EBIT (1.8x coverage).

AVG Logistics Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

AVG Logistics (NSE:AVG) Takes On Some Risk With Its Use Of Debt

Recent updates

AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up

Investor sentiment deteriorates as stock falls 16%

New minor risk - Shareholder dilution

An undisclosed buyer agreed to acquire 35% stake in Ndravg Business Park Private Limited from AVG Logistics Limited (NSEI:AVG) for INR 220 million.

An undisclosed buyer agreed to acquire 35% stake in Ndravg Business Park Private Limited from AVG Logistics Limited (NSEI:AVG) for INR 220 million.

Does AVG Logistics (NSE:AVG) Deserve A Spot On Your Watchlist?

Third quarter 2024 earnings released: EPS: ₹4.08 (vs ₹1.82 in 3Q 2023)

AVG Logistics Limited to Report Q3, 2024 Results on Feb 14, 2024

AVG Logistics Limited announced that it expects to receive INR 882.033579 million in funding

Investor sentiment improves as stock rises 18%

Why Investors Shouldn't Be Surprised By AVG Logistics Limited's (NSE:AVG) 30% Share Price Surge

Investor sentiment improves as stock rises 23%

Non Executive Director recently sold ₹1.9m worth of stock

AVG Logistics' (NSE:AVG) Returns On Capital Not Reflecting Well On The Business

Investor sentiment improves as stock rises 17%

AVG Logistics Limited to Report Q2, 2024 Results on Nov 10, 2023

Non-Executive Director recently bought ₹2.6m worth of stock

AVG Logistics Limited's (NSE:AVG) CEO Compensation Is Looking A Bit Stretched At The Moment

Investor sentiment improves as stock rises 17%

AVG Logistics Limited Declares Final Dividend for the Financial Year 2022-23

AVG Logistics Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: EPS: ₹2.15 (vs ₹1.72 in 1Q 2023)

AVG Logistics Limited to Report Q1, 2024 Results on Aug 14, 2023

Avg Logistics Limited Announces Appointment of Mr. Apurva Chamaria as an Additional Director (Non- Executive)

Should You Be Adding AVG Logistics (NSE:AVG) To Your Watchlist Today?

Investor sentiment improves as stock rises 21%

New minor risk - Dividend sustainability

Full year 2023 earnings released: EPS: ₹7.09 (vs ₹5.12 in FY 2022)

AVG Logistics Limited Announces Resignation of Mr. Gurpreet Singh Luthra from the Position of Chief Financial Officer of the Company

AVG Logistics Limited to Report Q4, 2023 Results on Jun 03, 2023

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

Investor sentiment improves as stock rises 19%

Less than half of directors are independent

First half 2023 earnings released: EPS: ₹3.44 (vs ₹0.02 in 1H 2022)

Less than half of directors are independent

Returns On Capital At AVG Logistics (NSE:AVG) Paint A Concerning Picture

Less than half of directors are independent

Be Wary Of AVG Logistics (NSE:AVG) And Its Returns On Capital

Less than half of directors are independent

Less than half of directors are independent

First half 2022 earnings: Revenues and EPS in line with analyst expectations

The Returns On Capital At AVG Logistics (NSE:AVG) Don't Inspire Confidence

AVG Logistics (NSE:AVG) May Have Issues Allocating Its Capital

Full year 2021 earnings released: ₹1.54 loss per share (vs ₹5.04 profit in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Be Wary Of AVG Logistics (NSE:AVG) And Its Returns On Capital

New 90-day low: ₹42.00

Investor sentiment deteriorated over the past week

AVG Logistics (NSE:AVG) Takes On Some Risk With Its Use Of Debt

Here's What To Make Of AVG Logistics' (NSE:AVG) Returns On Capital

AVG Logistics Limited Appoints Laveena Jain as Company Secretary

Full year earnings released - EPS ₹5.04

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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