Uravi T & Wedge Lamps Balance Sheet Health
Financial Health criteria checks 2/6
Uravi T & Wedge Lamps has a total shareholder equity of ₹245.9M and total debt of ₹264.8M, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are ₹569.9M and ₹323.9M respectively. Uravi T & Wedge Lamps's EBIT is ₹29.6M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹13.1M.
Key information
107.7%
Debt to equity ratio
₹264.75m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹13.11m |
Equity | ₹245.93m |
Total liabilities | ₹323.92m |
Total assets | ₹569.85m |
Recent financial health updates
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
Does 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 29Financial Position Analysis
Short Term Liabilities: URAVI's short term assets (₹388.1M) exceed its short term liabilities (₹269.3M).
Long Term Liabilities: URAVI's short term assets (₹388.1M) exceed its long term liabilities (₹54.6M).
Debt to Equity History and Analysis
Debt Level: URAVI's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: URAVI's debt to equity ratio has increased from 78.5% to 107.7% over the past 5 years.
Debt Coverage: URAVI's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: URAVI's interest payments on its debt are not well covered by EBIT (1.9x coverage).