Agostini's Balance Sheet Health
Financial Health criteria checks 4/6
Agostini's has a total shareholder equity of TTD2.3B and total debt of TTD1.0B, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are TTD4.5B and TTD2.2B respectively. Agostini's's EBIT is TTD480.9M making its interest coverage ratio 7.8. It has cash and short-term investments of TTD38.4M.
Key information
44.5%
Debt to equity ratio
TT$1.04b
Debt
| Interest coverage ratio | 7.8x |
| Cash | TT$38.42m |
| Equity | TT$2.33b |
| Total liabilities | TT$2.17b |
| Total assets | TT$4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGL's short term assets (TTD2.3B) exceed its short term liabilities (TTD1.1B).
Long Term Liabilities: AGL's short term assets (TTD2.3B) exceed its long term liabilities (TTD1.0B).
Debt to Equity History and Analysis
Debt Level: AGL's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: AGL's debt to equity ratio has increased from 29.3% to 44.5% over the past 5 years.
Debt Coverage: AGL's debt is well covered by operating cash flow (32.9%).
Interest Coverage: AGL's interest payments on its debt are well covered by EBIT (7.8x coverage).