Elecon Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Elecon Engineering has a total shareholder equity of ₹16.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹21.2B and ₹5.2B respectively. Elecon Engineering's EBIT is ₹4.2B making its interest coverage ratio 49. It has cash and short-term investments of ₹4.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 49x |
Cash | ₹4.67b |
Equity | ₹16.04b |
Total liabilities | ₹5.20b |
Total assets | ₹21.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505700's short term assets (₹12.2B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: 505700's short term assets (₹12.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 505700 is debt free.
Reducing Debt: 505700 has no debt compared to 5 years ago when its debt to equity ratio was 71.4%.
Debt Coverage: 505700 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 505700 has no debt, therefore coverage of interest payments is not a concern.