Swelect Energy Systems Balance Sheet Health
Financial Health criteria checks 3/6
Swelect Energy Systems has a total shareholder equity of ₹8.8B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₹16.5B and ₹7.7B respectively. Swelect Energy Systems's EBIT is ₹607.8M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹5.3B.
Key information
72.3%
Debt to equity ratio
₹6.33b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹5.30b |
| Equity | ₹8.75b |
| Total liabilities | ₹7.72b |
| Total assets | ₹16.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532051's short term assets (₹8.7B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 532051's short term assets (₹8.7B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 532051's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 532051's debt to equity ratio has increased from 29.4% to 72.3% over the past 5 years.
Debt Coverage: 532051's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 532051's interest payments on its debt are not well covered by EBIT (1.4x coverage).