Olectra Greentech Balance Sheet Health
Financial Health criteria checks 5/6
Olectra Greentech has a total shareholder equity of ₹9.9B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹20.5B and ₹10.7B respectively. Olectra Greentech's EBIT is ₹1.7B making its interest coverage ratio 7.8. It has cash and short-term investments of ₹2.2B.
Key information
19.0%
Debt to equity ratio
₹1.87b
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹2.19b |
| Equity | ₹9.85b |
| Total liabilities | ₹10.67b |
| Total assets | ₹20.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532439's short term assets (₹15.6B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 532439's short term assets (₹15.6B) exceed its long term liabilities (₹788.7M).
Debt to Equity History and Analysis
Debt Level: 532439 has more cash than its total debt.
Reducing Debt: 532439's debt to equity ratio has increased from 4.8% to 19% over the past 5 years.
Debt Coverage: 532439's debt is well covered by operating cash flow (90.2%).
Interest Coverage: 532439's interest payments on its debt are well covered by EBIT (7.8x coverage).