Ekansh Concepts Balance Sheet Health
Financial Health criteria checks 2/6
Ekansh Concepts has a total shareholder equity of ₹487.8M and total debt of ₹503.7M, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are ₹1.2B and ₹745.9M respectively. Ekansh Concepts's EBIT is ₹28.7M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹18.0M.
Key information
103.3%
Debt to equity ratio
₹503.75m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹17.96m |
| Equity | ₹487.82m |
| Total liabilities | ₹745.89m |
| Total assets | ₹1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531364's short term assets (₹1.0B) exceed its short term liabilities (₹743.9M).
Long Term Liabilities: 531364's short term assets (₹1.0B) exceed its long term liabilities (₹2.0M).
Debt to Equity History and Analysis
Debt Level: 531364's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: 531364's debt to equity ratio has increased from 29.8% to 103.3% over the past 5 years.
Debt Coverage: 531364's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531364's interest payments on its debt are not well covered by EBIT (0.9x coverage).