WPIL Balance Sheet Health
Financial Health criteria checks 6/6
WPIL has a total shareholder equity of ₹9.8B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ₹19.7B and ₹10.0B respectively. WPIL's EBIT is ₹3.2B making its interest coverage ratio 26.7. It has cash and short-term investments of ₹2.7B.
Key information
30.3%
Debt to equity ratio
₹2.95b
Debt
Interest coverage ratio | 26.7x |
Cash | ₹2.73b |
Equity | ₹9.75b |
Total liabilities | ₹9.99b |
Total assets | ₹19.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505872's short term assets (₹13.4B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: 505872's short term assets (₹13.4B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 505872's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 505872's debt to equity ratio has reduced from 36.4% to 30.3% over the past 5 years.
Debt Coverage: 505872's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 505872's interest payments on its debt are well covered by EBIT (26.7x coverage).