Adani Total Gas Balance Sheet Health
Financial Health criteria checks 3/6
Adani Total Gas has a total shareholder equity of ₹35.8B and total debt of ₹14.7B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹65.9B and ₹30.1B respectively. Adani Total Gas's EBIT is ₹9.9B making its interest coverage ratio 8.9. It has cash and short-term investments of ₹4.6B.
Key information
41.1%
Debt to equity ratio
₹14.71b
Debt
Interest coverage ratio | 8.9x |
Cash | ₹4.56b |
Equity | ₹35.80b |
Total liabilities | ₹30.12b |
Total assets | ₹65.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542066's short term assets (₹10.3B) do not cover its short term liabilities (₹18.1B).
Long Term Liabilities: 542066's short term assets (₹10.3B) do not cover its long term liabilities (₹12.0B).
Debt to Equity History and Analysis
Debt Level: 542066's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 542066's debt to equity ratio has increased from 35.8% to 41.1% over the past 5 years.
Debt Coverage: 542066's debt is well covered by operating cash flow (64.9%).
Interest Coverage: 542066's interest payments on its debt are well covered by EBIT (8.9x coverage).