Eimco Elecon (India) Balance Sheet Health
Financial Health criteria checks 6/6
Eimco Elecon (India) has a total shareholder equity of ₹3.6B and total debt of ₹5.1M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹4.0B and ₹377.5M respectively. Eimco Elecon (India)'s EBIT is ₹298.2M making its interest coverage ratio -11.2. It has cash and short-term investments of ₹179.6M.
Key information
0.1%
Debt to equity ratio
₹5.13m
Debt
Interest coverage ratio | -11.2x |
Cash | ₹179.63m |
Equity | ₹3.64b |
Total liabilities | ₹377.51m |
Total assets | ₹4.02b |
Recent financial health updates
No updates
Recent updates
Eimco Elecon (India) (NSE:EIMCOELECO) Hasn't Managed To Accelerate Its Returns
Mar 08Eimco Elecon (India)'s (NSE:EIMCOELECO) Returns On Capital Are Heading Higher
Oct 10Eimco Elecon (India) (NSE:EIMCOELECO) Will Be Hoping To Turn Its Returns On Capital Around
Apr 25Eimco Elecon (India) (NSE:EIMCOELECO) Could Be Struggling To Allocate Capital
Dec 25Eimco Elecon (India) (NSE:EIMCOELECO) Will Be Hoping To Turn Its Returns On Capital Around
May 10Eimco Elecon (India) (NSE:EIMCOELECO) Might Be Having Difficulty Using Its Capital Effectively
Jun 12Is Eimco Elecon (India) Limited (NSE:EIMCOELECO) A Risky Dividend Stock?
Apr 18What Do The Returns On Capital At Eimco Elecon (India) (NSE:EIMCOELECO) Tell Us?
Mar 14Here's Why We Don't Think Eimco Elecon (India)'s (NSE:EIMCOELECO) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 07Are Dividend Investors Making A Mistake With Eimco Elecon (India) Limited (NSE:EIMCOELECO)?
Jan 11Will Eimco Elecon (India) (NSE:EIMCOELECO) Multiply In Value Going Forward?
Dec 07We're Not Counting On Eimco Elecon (India) (NSE:EIMCOELECO) To Sustain Its Statutory Profitability
Nov 08Looking For Steady Income For Your Dividend Portfolio? Is Eimco Elecon (India) Limited (NSE:EIMCOELECO) A Good Fit?
Oct 13Should You Be Impressed By Eimco Elecon (India)'s (NSE:EIMCOELECO) Returns on Capital?
Sep 08Eimco Elecon (India) Limited's (NSE:EIMCOELECO) Business Is Trailing The Market But Its Shares Aren't
Aug 04Financial Position Analysis
Short Term Liabilities: EIMCOELECO's short term assets (₹1.6B) exceed its short term liabilities (₹327.2M).
Long Term Liabilities: EIMCOELECO's short term assets (₹1.6B) exceed its long term liabilities (₹50.3M).
Debt to Equity History and Analysis
Debt Level: EIMCOELECO has more cash than its total debt.
Reducing Debt: EIMCOELECO's debt to equity ratio has reduced from 0.1% to 0.1% over the past 5 years.
Debt Coverage: EIMCOELECO's debt is well covered by operating cash flow (338.3%).
Interest Coverage: EIMCOELECO earns more interest than it pays, so coverage of interest payments is not a concern.