Olectra Greentech Balance Sheet Health
Financial Health criteria checks 5/6
Olectra Greentech has a total shareholder equity of ₹9.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₹15.9B and ₹6.7B respectively. Olectra Greentech's EBIT is ₹1.3B making its interest coverage ratio 3. It has cash and short-term investments of ₹1.7B.
Key information
13.2%
Debt to equity ratio
₹1.21b
Debt
Interest coverage ratio | 3x |
Cash | ₹1.75b |
Equity | ₹9.17b |
Total liabilities | ₹6.72b |
Total assets | ₹15.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532439's short term assets (₹11.5B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 532439's short term assets (₹11.5B) exceed its long term liabilities (₹583.2M).
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 3.5% to 13.2% over the past 5 years.
Debt Coverage: 532439's debt is well covered by operating cash flow (118.4%).
Interest Coverage: 532439's interest payments on its debt are well covered by EBIT (3x coverage).