W.S. Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
W.S. Industries (India) has a total shareholder equity of ₹2.2B and total debt of ₹910.4M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are ₹4.4B and ₹2.2B respectively. W.S. Industries (India)'s EBIT is ₹395.7M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹788.2M.
Key information
40.7%
Debt to equity ratio
₹910.43m
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹788.21m |
| Equity | ₹2.24b |
| Total liabilities | ₹2.20b |
| Total assets | ₹4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504220's short term assets (₹2.7B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 504220's short term assets (₹2.7B) exceed its long term liabilities (₹807.9M).
Debt to Equity History and Analysis
Debt Level: 504220's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 504220 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 504220's debt is well covered by operating cash flow (70.6%).
Interest Coverage: 504220's interest payments on its debt are well covered by EBIT (9.5x coverage).