Wardwizard Innovations & Mobility Balance Sheet Health
Financial Health criteria checks 3/6
Wardwizard Innovations & Mobility has a total shareholder equity of ₹1.0B and total debt of ₹829.1M, which brings its debt-to-equity ratio to 81.9%. Its total assets and total liabilities are ₹2.9B and ₹1.8B respectively. Wardwizard Innovations & Mobility's EBIT is ₹249.2M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹51.3M.
Key information
81.9%
Debt to equity ratio
₹829.10m
Debt
Interest coverage ratio | 4.8x |
Cash | ₹51.27m |
Equity | ₹1.01b |
Total liabilities | ₹1.84b |
Total assets | ₹2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538970's short term assets (₹2.1B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 538970's short term assets (₹2.1B) exceed its long term liabilities (₹119.7M).
Debt to Equity History and Analysis
Debt Level: 538970's net debt to equity ratio (76.8%) is considered high.
Reducing Debt: 538970's debt to equity ratio has increased from 0% to 81.9% 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 well covered by EBIT (4.8x coverage).