Eimco Elecon (India) Limited

BSE:523708 Stock Report

Market Cap: ₹12.1b

Eimco Elecon (India) Balance Sheet Health

Financial Health criteria checks 6/6

Eimco Elecon (India) has a total shareholder equity of ₹3.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹4.5B and ₹642.0M respectively. Eimco Elecon (India)'s EBIT is ₹324.7M making its interest coverage ratio 34.4. It has cash and short-term investments of ₹146.6M.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio34.4x
Cash₹146.62m
Equity₹3.86b
Total liabilities₹641.95m
Total assets₹4.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 523708's short term assets (₹2.0B) exceed its short term liabilities (₹587.1M).

Long Term Liabilities: 523708's short term assets (₹2.0B) exceed its long term liabilities (₹54.9M).


Debt to Equity History and Analysis

Debt Level: 523708 is debt free.

Reducing Debt: 523708 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.

Debt Coverage: 523708 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 523708 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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