Engineers India Balance Sheet Health
Financial Health criteria checks 5/6
Engineers India has a total shareholder equity of ₹21.6B and total debt of ₹231.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹45.2B and ₹23.6B respectively. Engineers India's EBIT is ₹3.7B making its interest coverage ratio -3. It has cash and short-term investments of ₹12.1B.
Key information
1.1%
Debt to equity ratio
₹231.10m
Debt
Interest coverage ratio | -3x |
Cash | ₹12.08b |
Equity | ₹21.62b |
Total liabilities | ₹23.56b |
Total assets | ₹45.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532178's short term assets (₹25.9B) exceed its short term liabilities (₹23.1B).
Long Term Liabilities: 532178's short term assets (₹25.9B) exceed its long term liabilities (₹446.4M).
Debt to Equity History and Analysis
Debt Level: 532178 has more cash than its total debt.
Reducing Debt: 532178's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 532178's debt is well covered by operating cash flow (583.4%).
Interest Coverage: 532178 earns more interest than it pays, so coverage of interest payments is not a concern.