Everest Industries Balance Sheet Health
Financial Health criteria checks 3/6
Everest Industries has a total shareholder equity of ₹6.0B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ₹13.5B and ₹7.5B respectively. Everest Industries's EBIT is ₹138.2M making its interest coverage ratio 1. It has cash and short-term investments of ₹240.7M.
Key information
32.9%
Debt to equity ratio
₹1.98b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹240.66m |
| Equity | ₹6.02b |
| Total liabilities | ₹7.52b |
| Total assets | ₹13.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508906's short term assets (₹7.5B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: 508906's short term assets (₹7.5B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 508906's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 508906's debt to equity ratio has increased from 13.7% to 32.9% over the past 5 years.
Debt Coverage: 508906's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 508906's interest payments on its debt are not well covered by EBIT (1x coverage).