Artemis Electricals and Projects Balance Sheet Health
Financial Health criteria checks 5/6
Artemis Electricals and Projects has a total shareholder equity of ₹765.6M and total debt of ₹239.1M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are ₹1.3B and ₹511.1M respectively. Artemis Electricals and Projects's EBIT is ₹112.0M making its interest coverage ratio -2.3. It has cash and short-term investments of ₹545.0K.
Key information
31.2%
Debt to equity ratio
₹239.13m
Debt
Interest coverage ratio | -2.3x |
Cash | ₹545.00k |
Equity | ₹765.61m |
Total liabilities | ₹511.13m |
Total assets | ₹1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542670's short term assets (₹427.3M) do not cover its short term liabilities (₹482.3M).
Long Term Liabilities: 542670's short term assets (₹427.3M) exceed its long term liabilities (₹28.8M).
Debt to Equity History and Analysis
Debt Level: 542670's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 542670's debt to equity ratio has reduced from 48.1% to 31.2% over the past 5 years.
Debt Coverage: 542670's debt is well covered by operating cash flow (70.8%).
Interest Coverage: 542670 earns more interest than it pays, so coverage of interest payments is not a concern.