Uravi T & Wedge Lamps Balance Sheet Health
Financial Health criteria checks 2/6
Uravi T & Wedge Lamps has a total shareholder equity of ₹255.2M and total debt of ₹241.9M, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are ₹555.2M and ₹300.0M respectively. Uravi T & Wedge Lamps's EBIT is ₹40.5M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹17.8M.
Key information
94.8%
Debt to equity ratio
₹241.92m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹17.85m |
Equity | ₹255.15m |
Total liabilities | ₹300.00m |
Total assets | ₹555.16m |
Recent financial health updates
Here's Why Uravi T & Wedge Lamps (NSE:URAVI) Can Manage Its Debt Responsibly
Jul 17Does 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 29Financial Position Analysis
Short Term Liabilities: URAVI's short term assets (₹378.3M) exceed its short term liabilities (₹256.5M).
Long Term Liabilities: URAVI's short term assets (₹378.3M) exceed its long term liabilities (₹43.6M).
Debt to Equity History and Analysis
Debt Level: URAVI's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: URAVI's debt to equity ratio has increased from 78.5% to 94.8% over the past 5 years.
Debt Coverage: URAVI's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: URAVI's interest payments on its debt are not well covered by EBIT (1.8x coverage).