Adani Total Gas Balance Sheet Health

Financial Health criteria checks 5/6

Adani Total Gas has a total shareholder equity of ₹32.4B and total debt of ₹13.6B, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are ₹59.4B and ₹27.1B respectively. Adani Total Gas's EBIT is ₹8.7B making its interest coverage ratio 14.1. It has cash and short-term investments of ₹3.3B.

Key information

41.9%

Debt to equity ratio

₹13.56b

Debt

Interest coverage ratio14.1x
Cash₹3.27b
Equity₹32.36b
Total liabilities₹27.07b
Total assets₹59.43b

Recent financial health updates

Recent updates

Adani Total Gas (NSE:ATGL) Ticks All The Boxes When It Comes To Earnings Growth

Mar 18
Adani Total Gas (NSE:ATGL) Ticks All The Boxes When It Comes To Earnings Growth

Is Adani Total Gas (NSE:ATGL) Using Too Much Debt?

Mar 03
Is Adani Total Gas (NSE:ATGL) Using Too Much Debt?

We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

Jan 02
We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

Why Investors Shouldn't Be Surprised By Adani Total Gas Limited's (NSE:ATGL) 96% Share Price Surge

Dec 18
Why Investors Shouldn't Be Surprised By Adani Total Gas Limited's (NSE:ATGL) 96% Share Price Surge

Is Now The Time To Put Adani Total Gas (NSE:ATGL) On Your Watchlist?

Dec 15
Is Now The Time To Put Adani Total Gas (NSE:ATGL) On Your Watchlist?

We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt

Nov 30
We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt

Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital

Sep 28
Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital

If EPS Growth Is Important To You, Adani Total Gas (NSE:ATGL) Presents An Opportunity

Sep 06
If EPS Growth Is Important To You, Adani Total Gas (NSE:ATGL) Presents An Opportunity

Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet

Jul 21
Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet

Why The 21% Return On Capital At Adani Total Gas (NSE:ATGL) Should Have Your Attention

Jun 15
Why The 21% Return On Capital At Adani Total Gas (NSE:ATGL) Should Have Your Attention

Is Adani Total Gas (NSE:ATGL) A Risky Investment?

Mar 29
Is Adani Total Gas (NSE:ATGL) A Risky Investment?

We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

Mar 07
We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet

Dec 28
Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet

Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital

Oct 28
Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital

Adani Total Gas (NSE:ATGL) Seems To Use Debt Quite Sensibly

Sep 23
Adani Total Gas (NSE:ATGL) Seems To Use Debt Quite Sensibly

Does Adani Total Gas (NSE:ATGL) Have A Healthy Balance Sheet?

Jun 20
Does Adani Total Gas (NSE:ATGL) Have A Healthy Balance Sheet?

Adani Total Gas (NSE:ATGL) Could Become A Multi-Bagger

May 30
Adani Total Gas (NSE:ATGL) Could Become A Multi-Bagger

If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

May 08
If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

Adani Total Gas (NSE:ATGL) Knows How To Allocate Capital Effectively

Feb 25
Adani Total Gas (NSE:ATGL) Knows How To Allocate Capital Effectively

Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly

Jan 30
Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly

We Think Adani Total Gas (NSE:ATGL) Might Have The DNA Of A Multi-Bagger

Nov 20
We Think Adani Total Gas (NSE:ATGL) Might Have The DNA Of A Multi-Bagger

If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

Oct 25
If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well

Aug 23
These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well

Adani Total Gas (NSE:ATGL) Is Very Good At Capital Allocation

Jul 12
Adani Total Gas (NSE:ATGL) Is Very Good At Capital Allocation

If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

Jun 21
If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late

We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt

May 05
We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt

We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

Apr 08
We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending

The Adani Total Gas (NSE:ATGL) Share Price Has Soared 625%, Delighting Many Shareholders

Mar 11
The Adani Total Gas (NSE:ATGL) Share Price Has Soared 625%, Delighting Many Shareholders

Is Adani Total Gas Limited's (NSE:ATGL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 18
Is Adani Total Gas Limited's (NSE:ATGL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly

Jan 28
Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly

Here's Why I Think Adani Total Gas (NSE:ADANIGAS) Is An Interesting Stock

Jan 13
Here's Why I Think Adani Total Gas (NSE:ADANIGAS) Is An Interesting Stock

Will Adani Gas (NSE:ADANIGAS) Become A Multi-Bagger?

Dec 29
Will Adani Gas (NSE:ADANIGAS) Become A Multi-Bagger?

How Many Adani Gas Limited (NSE:ADANIGAS) Shares Did Insiders Buy, In The Last Year?

Dec 14
How Many Adani Gas Limited (NSE:ADANIGAS) Shares Did Insiders Buy, In The Last Year?

Adani Gas's (NSE:ADANIGAS) Earnings Are Growing But Is There More To The Story?

Nov 29
Adani Gas's (NSE:ADANIGAS) Earnings Are Growing But Is There More To The Story?

Financial Position Analysis

Short Term Liabilities: ATGL's short term assets (₹8.9B) do not cover its short term liabilities (₹22.4B).

Long Term Liabilities: ATGL's short term assets (₹8.9B) exceed its long term liabilities (₹4.6B).


Debt to Equity History and Analysis

Debt Level: ATGL's net debt to equity ratio (31.8%) is considered satisfactory.

Reducing Debt: ATGL's debt to equity ratio has reduced from 60.2% to 41.9% over the past 5 years.

Debt Coverage: ATGL's debt is well covered by operating cash flow (63%).

Interest Coverage: ATGL's interest payments on its debt are well covered by EBIT (14.1x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.