W.S. Industries (India) Balance Sheet Health
Financial Health criteria checks 3/6
W.S. Industries (India) has a total shareholder equity of ₹968.1M and total debt of ₹612.0M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are ₹2.9B and ₹1.9B respectively. W.S. Industries (India)'s EBIT is ₹309.2M making its interest coverage ratio 12.4. It has cash and short-term investments of ₹80.0M.
Key information
63.2%
Debt to equity ratio
₹612.03m
Debt
Interest coverage ratio | 12.4x |
Cash | ₹79.97m |
Equity | ₹968.06m |
Total liabilities | ₹1.95b |
Total assets | ₹2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504220's short term assets (₹1.4B) do not cover its short term liabilities (₹1.5B).
Long Term Liabilities: 504220's short term assets (₹1.4B) exceed its long term liabilities (₹401.1M).
Debt to Equity History and Analysis
Debt Level: 504220's net debt to equity ratio (55%) is considered high.
Reducing Debt: 504220 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 504220's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 504220's interest payments on its debt are well covered by EBIT (12.4x coverage).