Electrosteel Castings Financial Health
How is Electrosteel Castings's financial position?
[object Object] Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 500128's short term assets (₹46.2B) exceed its short term liabilities (₹31.5B).
Long Term Liabilities: 500128's short term assets (₹46.2B) exceed its long term liabilities (₹13.4B).
Debt to Equity History and Analysis
Debt Level: 500128's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: 500128's debt to equity ratio has reduced from 77.1% to 72.2% over the past 5 years.
Debt Coverage: 500128's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500128's interest payments on its debt are well covered by EBIT (4x coverage).