Wardwizard Innovations & Mobility Balance Sheet Health
Financial Health criteria checks 2/6
Wardwizard Innovations & Mobility has a total shareholder equity of ₹972.8M and total debt of ₹1.8B, which brings its debt-to-equity ratio to 180.1%. Its total assets and total liabilities are ₹3.4B and ₹2.4B respectively. Wardwizard Innovations & Mobility's EBIT is ₹206.2M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹295.6M.
Key information
180.1%
Debt to equity ratio
₹1.75b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹295.60m |
| Equity | ₹972.80m |
| Total liabilities | ₹2.38b |
| Total assets | ₹3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538970's short term assets (₹2.7B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 538970's short term assets (₹2.7B) exceed its long term liabilities (₹119.6M).
Debt to Equity History and Analysis
Debt Level: 538970's net debt to equity ratio (149.7%) is considered high.
Reducing Debt: 538970's debt to equity ratio has increased from 0% to 180.1% over the past 5 years.
Debt Coverage: 538970's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538970's interest payments on its debt are not well covered by EBIT (2.3x coverage).