Wires and Fabriks (S.A.) Balance Sheet Health
Financial Health criteria checks 2/6
Wires and Fabriks (S.A.) has a total shareholder equity of ₹493.3M and total debt of ₹992.1M, which brings its debt-to-equity ratio to 201.1%. Its total assets and total liabilities are ₹2.0B and ₹1.6B respectively. Wires and Fabriks (S.A.)'s EBIT is ₹55.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹19.0M.
Key information
201.1%
Debt to equity ratio
₹992.11m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹19.00m |
| Equity | ₹493.31m |
| Total liabilities | ₹1.55b |
| Total assets | ₹2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507817's short term assets (₹754.6M) do not cover its short term liabilities (₹872.2M).
Long Term Liabilities: 507817's short term assets (₹754.6M) exceed its long term liabilities (₹682.2M).
Debt to Equity History and Analysis
Debt Level: 507817's net debt to equity ratio (197.3%) is considered high.
Reducing Debt: 507817's debt to equity ratio has increased from 79% to 201.1% over the past 5 years.
Debt Coverage: 507817's debt is well covered by operating cash flow (39%).
Interest Coverage: 507817's interest payments on its debt are not well covered by EBIT (1.3x coverage).