Is Aegis Logistics (NSE:AEGISCHEM) Using Too Much Debt?

Aegis Logistics Limited, a company listed on the NSE, has been using debt but should shareholders be concerned? As of September 2023, the company had a debt of ₹13.9b and ₹17.4b in cash, resulting in a net cash position of ₹3.59b. Although it has liabilities exceeding its cash and short-term receivables, its market capitalization suggests that these liabilities are not a significant threat. Additionally, Aegis Logistics has seen a 57% increase in EBIT, reducing the risk associated with future debt repayments. Overall, the company's debt use does not appear troubling. However, it is important to continue monitoring its balance sheet and consider other risks.

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Frequently Asked Questions

Is Aegis Logistics (NSE:AEGISCHEM) Using Too Much Debt?

Based on the search results, it seems that Aegis Logistics (NSE:AEGISCHEM) may have a significant amount of debt. However, it also has a substantial amount of cash, which helps offset the debt.

What is the net cash position of Aegis Logistics?

The net cash position of the company varies based on different sources, ranging from INR 4.06 billion to INR 3.59 billion.

Is the debt-to-equity ratio of Aegis Logistics mentioned?

The debt-to-equity ratio of Aegis Logistics is not explicitly mentioned in the search results.

Can stock analysis and valuation differ based on personal opinions and sources?

Yes, stock analysis and valuation can differ based on personal opinions and sources.

Where can I find more detailed information and analysis?

For more detailed information and analysis, it is recommended to refer to the sources provided in the search results.