Everest Industries Balance Sheet Health
Financial Health criteria checks 5/6
Everest Industries has a total shareholder equity of ₹5.9B and total debt of ₹535.5M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ₹10.4B and ₹4.5B respectively. Everest Industries's EBIT is ₹49.5M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹358.0M.
Key information
9.1%
Debt to equity ratio
₹535.46m
Debt
Interest coverage ratio | 0.3x |
Cash | ₹358.03m |
Equity | ₹5.88b |
Total liabilities | ₹4.54b |
Total assets | ₹10.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508906's short term assets (₹6.0B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 508906's short term assets (₹6.0B) exceed its long term liabilities (₹738.0M).
Debt to Equity History and Analysis
Debt Level: 508906's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 508906's debt to equity ratio has reduced from 20.2% to 9.1% over the past 5 years.
Debt Coverage: 508906's debt is well covered by operating cash flow (95.5%).
Interest Coverage: 508906's interest payments on its debt are not well covered by EBIT (0.3x coverage).