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 ₹488.6M and total debt of ₹823.8M, which brings its debt-to-equity ratio to 168.6%. Its total assets and total liabilities are ₹1.5B and ₹1.1B respectively. Wires and Fabriks (S.A.)'s EBIT is ₹62.3M making its interest coverage ratio 1. It has cash and short-term investments of ₹5.3M.
Key information
168.6%
Debt to equity ratio
₹823.80m
Debt
Interest coverage ratio | 1x |
Cash | ₹5.34m |
Equity | ₹488.57m |
Total liabilities | ₹1.05b |
Total assets | ₹1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507817's short term assets (₹684.6M) exceed its short term liabilities (₹512.6M).
Long Term Liabilities: 507817's short term assets (₹684.6M) exceed its long term liabilities (₹541.4M).
Debt to Equity History and Analysis
Debt Level: 507817's net debt to equity ratio (167.5%) is considered high.
Reducing Debt: 507817's debt to equity ratio has increased from 80.9% to 168.6% over the past 5 years.
Debt Coverage: 507817's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 507817's interest payments on its debt are not well covered by EBIT (1x coverage).