Agra Balance Sheet Health
Financial Health criteria checks 6/6
Agra has a total shareholder equity of NAD643.0M and total debt of NAD248.8M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are NAD1.2B and NAD594.7M respectively. Agra's EBIT is NAD139.8M making its interest coverage ratio 84.7. It has cash and short-term investments of NAD28.4M.
Key information
38.7%
Debt to equity ratio
N$248.78m
Debt
| Interest coverage ratio | 84.7x |
| Cash | N$28.41m |
| Equity | N$643.02m |
| Total liabilities | N$594.69m |
| Total assets | N$1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGR's short term assets (NAD638.4M) exceed its short term liabilities (NAD393.2M).
Long Term Liabilities: AGR's short term assets (NAD638.4M) exceed its long term liabilities (NAD201.4M).
Debt to Equity History and Analysis
Debt Level: AGR's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: AGR's debt to equity ratio has reduced from 74.5% to 38.7% over the past 5 years.
Debt Coverage: AGR's debt is well covered by operating cash flow (21.4%).
Interest Coverage: AGR's interest payments on its debt are well covered by EBIT (84.7x coverage).