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 ₹9.5B making its interest coverage ratio 12.9. It has cash and short-term investments of ₹1.4B.
Key information
41.1%
Debt to equity ratio
₹14.71b
Debt
Interest coverage ratio | 12.9x |
Cash | ₹1.41b |
Equity | ₹35.80b |
Total liabilities | ₹30.12b |
Total assets | ₹65.92b |
Recent financial health updates
These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well
Jun 08Is Adani Total Gas (NSE:ATGL) Using Too Much Debt?
Mar 03We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt
Nov 30Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet
Jul 21Is Adani Total Gas (NSE:ATGL) A Risky Investment?
Mar 29Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet
Dec 28Recent updates
Shareholders May Be More Conservative With Adani Total Gas Limited's (NSE:ATGL) CEO Compensation For Now
Jun 19These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well
Jun 08What You Can Learn From Adani Total Gas Limited's (NSE:ATGL) P/S
May 01The Trend Of High Returns At Adani Total Gas (NSE:ATGL) Has Us Very Interested
Apr 05Adani Total Gas (NSE:ATGL) Ticks All The Boxes When It Comes To Earnings Growth
Mar 18Is Adani Total Gas (NSE:ATGL) Using Too Much Debt?
Mar 03We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending
Jan 02Why Investors Shouldn't Be Surprised By Adani Total Gas Limited's (NSE:ATGL) 96% Share Price Surge
Dec 18Is Now The Time To Put Adani Total Gas (NSE:ATGL) On Your Watchlist?
Dec 15We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt
Nov 30Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital
Sep 28If EPS Growth Is Important To You, Adani Total Gas (NSE:ATGL) Presents An Opportunity
Sep 06Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet
Jul 21Why The 21% Return On Capital At Adani Total Gas (NSE:ATGL) Should Have Your Attention
Jun 15Is Adani Total Gas (NSE:ATGL) A Risky Investment?
Mar 29We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending
Mar 07Adani Total Gas (NSE:ATGL) Has A Pretty Healthy Balance Sheet
Dec 28Adani Total Gas (NSE:ATGL) Is Achieving High Returns On Its Capital
Oct 28Adani Total Gas (NSE:ATGL) Seems To Use Debt Quite Sensibly
Sep 23Does Adani Total Gas (NSE:ATGL) Have A Healthy Balance Sheet?
Jun 20Adani Total Gas (NSE:ATGL) Could Become A Multi-Bagger
May 30If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late
May 08Adani Total Gas (NSE:ATGL) Knows How To Allocate Capital Effectively
Feb 25Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly
Jan 30We Think Adani Total Gas (NSE:ATGL) Might Have The DNA Of A Multi-Bagger
Nov 20If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late
Oct 25These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well
Aug 23Adani Total Gas (NSE:ATGL) Is Very Good At Capital Allocation
Jul 12If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late
Jun 21We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt
May 05We Like Adani Total Gas' (NSE:ATGL) Returns And Here's How They're Trending
Apr 08The Adani Total Gas (NSE:ATGL) Share Price Has Soared 625%, Delighting Many Shareholders
Mar 11Is Adani Total Gas Limited's (NSE:ATGL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 18Here's Why Adani Total Gas (NSE:ATGL) Can Manage Its Debt Responsibly
Jan 28Here's Why I Think Adani Total Gas (NSE:ADANIGAS) Is An Interesting Stock
Jan 13Will Adani Gas (NSE:ADANIGAS) Become A Multi-Bagger?
Dec 29How Many Adani Gas Limited (NSE:ADANIGAS) Shares Did Insiders Buy, In The Last Year?
Dec 14Adani Gas's (NSE:ADANIGAS) Earnings Are Growing But Is There More To The Story?
Nov 29Financial Position Analysis
Short Term Liabilities: ATGL's short term assets (₹10.3B) do not cover its short term liabilities (₹18.1B).
Long Term Liabilities: ATGL's short term assets (₹10.3B) do not cover its long term liabilities (₹12.0B).
Debt to Equity History and Analysis
Debt Level: ATGL's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: ATGL's debt to equity ratio has increased from 35.8% to 41.1% over the past 5 years.
Debt Coverage: ATGL's debt is well covered by operating cash flow (64.9%).
Interest Coverage: ATGL's interest payments on its debt are well covered by EBIT (12.9x coverage).