Uravi Defence and Technology Balance Sheet Health
Financial Health criteria checks 3/6
Uravi Defence and Technology has a total shareholder equity of ₹386.8M and total debt of ₹245.5M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are ₹693.2M and ₹306.4M respectively. Uravi Defence and Technology's EBIT is ₹43.4M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹12.5M.
Key information
63.5%
Debt to equity ratio
₹245.47m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹12.52m |
| Equity | ₹386.78m |
| Total liabilities | ₹306.38m |
| Total assets | ₹693.17m |
Recent financial health updates
Here's Why Uravi T & Wedge Lamps (NSE:URAVI) Can Manage Its Debt Responsibly
Jul 17
Does Uravi T & Wedge Lamps (NSE:URAVI) Have A Healthy Balance Sheet?
Feb 01Uravi T and Wedge Lamps (NSE:URAVI) Has A Somewhat Strained Balance Sheet
Jun 14Is Uravi T and Wedge Lamps (NSE:URAVI) Using Too Much Debt?
Jan 12Uravi T and Wedge Lamps (NSE:URAVI) Has A Somewhat Strained Balance Sheet
Sep 27These 4 Measures Indicate That Uravi T and Wedge Lamps (NSE:URAVI) Is Using Debt Extensively
Jun 01Recent updates
Here's Why Uravi T & Wedge Lamps (NSE:URAVI) Can Manage Its Debt Responsibly
Jul 17Here's Why We Think Uravi T & Wedge Lamps (NSE:URAVI) Might Deserve Your Attention Today
Jun 11Does Uravi T & Wedge Lamps (NSE:URAVI) Have A Healthy Balance Sheet?
Feb 01Should You Be Adding Uravi T & Wedge Lamps (NSE:URAVI) To Your Watchlist Today?
Dec 21Uravi T and Wedge Lamps (NSE:URAVI) Has A Somewhat Strained Balance Sheet
Jun 14Is Uravi T and Wedge Lamps (NSE:URAVI) Using Too Much Debt?
Jan 12Uravi T and Wedge Lamps (NSE:URAVI) Has A Somewhat Strained Balance Sheet
Sep 27These 4 Measures Indicate That Uravi T and Wedge Lamps (NSE:URAVI) Is Using Debt Extensively
Jun 01Uravi T and Wedge Lamps Limited's (NSE:URAVI) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 29
Financial Position Analysis
Short Term Liabilities: URAVI's short term assets (₹401.5M) exceed its short term liabilities (₹266.3M).
Long Term Liabilities: URAVI's short term assets (₹401.5M) exceed its long term liabilities (₹40.1M).
Debt to Equity History and Analysis
Debt Level: URAVI's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: URAVI's debt to equity ratio has reduced from 77.9% to 63.5% over the past 5 years.
Debt Coverage: URAVI's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: URAVI's interest payments on its debt are not well covered by EBIT (2.3x coverage).