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 ratio | 34.4x |
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.