AVG Logistics Balance Sheet Health
Financial Health criteria checks 4/6
AVG Logistics has a total shareholder equity of ₹2.2B and total debt of ₹941.9M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹4.7B and ₹2.5B respectively. AVG Logistics's EBIT is ₹525.6M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹81.8M.
Key information
43.8%
Debt to equity ratio
₹941.85m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹81.77m |
| Equity | ₹2.15b |
| Total liabilities | ₹2.51b |
| Total assets | ₹4.66b |
Recent financial health updates
Recent updates
There's No Escaping AVG Logistics Limited's (NSE:AVG) Muted Earnings
Nov 09
Should You Be Adding AVG Logistics (NSE:AVG) To Your Watchlist Today?
Oct 15We Think Some Shareholders May Hesitate To Increase AVG Logistics Limited's (NSE:AVG) CEO Compensation
Sep 24AVG Logistics' (NSE:AVG) Upcoming Dividend Will Be Larger Than Last Year's
Sep 13AVG Logistics (NSE:AVG) Has Announced That It Will Be Increasing Its Dividend To ₹1.20
Aug 17Why AVG Logistics' (NSE:AVG) Earnings Are Weaker Than They Seem
Jun 06Should You Be Adding AVG Logistics (NSE:AVG) To Your Watchlist Today?
Jun 04AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up
Mar 15Does AVG Logistics (NSE:AVG) Deserve A Spot On Your Watchlist?
Feb 20Why Investors Shouldn't Be Surprised By AVG Logistics Limited's (NSE:AVG) 30% Share Price Surge
Jan 10AVG Logistics' (NSE:AVG) Returns On Capital Not Reflecting Well On The Business
Nov 22AVG Logistics Limited's (NSE:AVG) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 23Should You Be Adding AVG Logistics (NSE:AVG) To Your Watchlist Today?
Jun 17Returns On Capital At AVG Logistics (NSE:AVG) Paint A Concerning Picture
Oct 11Be Wary Of AVG Logistics (NSE:AVG) And Its Returns On Capital
Jun 28The Returns On Capital At AVG Logistics (NSE:AVG) Don't Inspire Confidence
Feb 18AVG Logistics (NSE:AVG) May Have Issues Allocating Its Capital
Nov 05Be Wary Of AVG Logistics (NSE:AVG) And Its Returns On Capital
Mar 24AVG Logistics (NSE:AVG) Takes On Some Risk With Its Use Of Debt
Jan 30Here's What To Make Of AVG Logistics' (NSE:AVG) Returns On Capital
Dec 08
Financial Position Analysis
Short Term Liabilities: AVG's short term assets (₹2.2B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: AVG's short term assets (₹2.2B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: AVG's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: AVG's debt to equity ratio has reduced from 107% to 43.8% over the past 5 years.
Debt Coverage: AVG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVG's interest payments on its debt are not well covered by EBIT (2.2x coverage).