Allcargo Logistics (NSE:ALLCARGO) Has A Pretty Healthy Balance Sheet

Allcargo Logistics Limited carries a significant amount of debt, raising concerns about its level of risk. The company's debt decreased from ₹14.2b to ₹8.56b in September 2023, with a net debt of ₹1.20b when factoring in its cash reserve. However, its liabilities exceed its cash and short-term receivables by ₹14.5b. Although Allcargo Logistics has the potential to raise cash and improve its balance sheet, its low debt to EBITDA ratio and declining earnings raise concerns about its ability to pay off its debt. Shareholders should closely monitor the company's financial situation.

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Frequently Asked Questions - Allcargo Logistics

Q: Does Allcargo Logistics (NSE:ALLCARGO) have a healthy balance sheet?

A: Yes, Allcargo Logistics has a pretty healthy balance sheet, as stated by Simply Wall St.

Q: Where can I find more information about Allcargo Logistics Ltd's balance sheet?

A: To find the frequently asked questions and answers specifically related to Allcargo Logistics Ltd's balance sheet, it would be best to visit reliable financial websites or the company's official investor relations page. These sources typically provide detailed financial information, including frequently asked questions and answers related to the company's balance sheet.