Swelect Energy Systems Balance Sheet Health
Financial Health criteria checks 4/6
Swelect Energy Systems has a total shareholder equity of ₹8.3B and total debt of ₹6.2B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ₹15.6B and ₹7.3B respectively. Swelect Energy Systems's EBIT is ₹469.5M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹4.4B.
Key information
74.7%
Debt to equity ratio
₹6.18b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹4.36b |
Equity | ₹8.27b |
Total liabilities | ₹7.29b |
Total assets | ₹15.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532051's short term assets (₹7.0B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 532051's short term assets (₹7.0B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 532051's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 532051's debt to equity ratio has increased from 27.3% to 74.7% over the past 5 years.
Debt Coverage: 532051's debt is well covered by operating cash flow (27%).
Interest Coverage: 532051's interest payments on its debt are not well covered by EBIT (1.1x coverage).