Welspun Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Welspun Enterprises has a total shareholder equity of ₹26.2B and total debt of ₹12.0B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are ₹54.4B and ₹28.2B respectively. Welspun Enterprises's EBIT is ₹4.4B making its interest coverage ratio -10. It has cash and short-term investments of ₹9.1B.
Key information
46.0%
Debt to equity ratio
₹12.04b
Debt
| Interest coverage ratio | -10x |
| Cash | ₹9.12b |
| Equity | ₹26.19b |
| Total liabilities | ₹28.18b |
| Total assets | ₹54.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532553's short term assets (₹32.6B) exceed its short term liabilities (₹16.0B).
Long Term Liabilities: 532553's short term assets (₹32.6B) exceed its long term liabilities (₹12.2B).
Debt to Equity History and Analysis
Debt Level: 532553's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 532553's debt to equity ratio has increased from 44.6% to 46% over the past 5 years.
Debt Coverage: 532553's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532553 earns more interest than it pays, so coverage of interest payments is not a concern.