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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Olectra Greentech Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |
| Anil Radhakrishnan | Geojit Financial Services Ltd. |
| Saji John | Geojit Financial Services Ltd. |