Artemis Electricals and Projects Balance Sheet Health
Financial Health criteria checks 5/6
Artemis Electricals and Projects has a total shareholder equity of ₹795.9M and total debt of ₹119.3M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₹1.1B and ₹313.1M respectively. Artemis Electricals and Projects's EBIT is ₹45.5M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹557.0K.
Key information
15.0%
Debt to equity ratio
₹119.34m
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₹557.00k |
| Equity | ₹795.93m |
| Total liabilities | ₹313.11m |
| Total assets | ₹1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542670's short term assets (₹611.5M) exceed its short term liabilities (₹291.2M).
Long Term Liabilities: 542670's short term assets (₹611.5M) exceed its long term liabilities (₹21.9M).
Debt to Equity History and Analysis
Debt Level: 542670's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 542670's debt to equity ratio has increased from 9.6% to 15% over the past 5 years.
Debt Coverage: 542670's debt is well covered by operating cash flow (104.9%).
Interest Coverage: 542670's interest payments on its debt are well covered by EBIT (8.5x coverage).