WPIL Balance Sheet Health
Financial Health criteria checks 5/6
WPIL has a total shareholder equity of ₹16.9B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ₹28.3B and ₹11.4B respectively. WPIL's EBIT is ₹3.2B making its interest coverage ratio -168.3. It has cash and short-term investments of ₹5.9B.
Key information
22.2%
Debt to equity ratio
₹3.76b
Debt
| Interest coverage ratio | -168.3x |
| Cash | ₹5.90b |
| Equity | ₹16.91b |
| Total liabilities | ₹11.37b |
| Total assets | ₹28.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505872's short term assets (₹20.3B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 505872's short term assets (₹20.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 505872 has more cash than its total debt.
Reducing Debt: 505872's debt to equity ratio has reduced from 57.3% to 22.2% over the past 5 years.
Debt Coverage: 505872's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505872 earns more interest than it pays, so coverage of interest payments is not a concern.