Walchandnagar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Walchandnagar Industries has a total shareholder equity of ₹2.4B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are ₹8.2B and ₹5.8B respectively.
Key information
112.7%
Debt to equity ratio
₹2.74b
Debt
Interest coverage ratio | n/a |
Cash | ₹511.80m |
Equity | ₹2.43b |
Total liabilities | ₹5.75b |
Total assets | ₹8.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507410's short term assets (₹4.9B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: 507410's short term assets (₹4.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 507410's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: 507410's debt to equity ratio has reduced from 118.4% to 112.7% over the past 5 years.
Debt Coverage: 507410's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if 507410's interest payments on its debt are well covered by EBIT.