Elecon Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Elecon Engineering has a total shareholder equity of ₹17.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹23.5B and ₹5.9B respectively. Elecon Engineering's EBIT is ₹4.2B making its interest coverage ratio -31.1. It has cash and short-term investments of ₹5.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -31.1x |
| Cash | ₹5.32b |
| Equity | ₹17.54b |
| Total liabilities | ₹5.93b |
| Total assets | ₹23.47b |
Recent financial health updates
Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?
Sep 14
Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly
Mar 22Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?
Sep 02These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely
Feb 14Recent updates
Investors Should Be Encouraged By Elecon Engineering's (NSE:ELECON) Returns On Capital
Dec 19Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?
Dec 01Investor Optimism Abounds Elecon Engineering Company Limited (NSE:ELECON) But Growth Is Lacking
Nov 13If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity
Oct 18Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?
Sep 14We Like Elecon Engineering's (NSE:ELECON) Returns And Here's How They're Trending
Aug 05Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being
Jun 19Elecon Engineering Company Limited's (NSE:ELECON) 33% Price Boost Is Out Of Tune With Earnings
Jun 13Elecon Engineering (NSE:ELECON) Has Affirmed Its Dividend Of ₹2.00
Jun 05With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case
May 22Elecon Engineering Company Limited's (NSE:ELECON) 31% Price Boost Is Out Of Tune With Earnings
Apr 22Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly
Mar 22Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit
Mar 08With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case
Feb 20Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?
Feb 07Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation
Nov 25Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?
Oct 15Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching
Sep 15Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?
Sep 02Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively
Aug 16Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching
Jul 07Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00
Jun 09Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year
May 26At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?
May 13Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?
Feb 21Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital
Dec 27If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity
Oct 21Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)
Sep 27Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital
Jul 07Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)
Jun 24I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease
Jun 03Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Apr 05These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely
Feb 14Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?
Jan 24Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Oct 25Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?
Aug 14Financial Position Analysis
Short Term Liabilities: ELECON's short term assets (₹13.3B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: ELECON's short term assets (₹13.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: ELECON is debt free.
Reducing Debt: ELECON has no debt compared to 5 years ago when its debt to equity ratio was 59.5%.
Debt Coverage: ELECON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELECON has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:10 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Elecon Engineering Company Limited is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Shah | Almondz Global Securities Ltd |
| null null | Angel Broking Private Limited |
| null null | Asian Markets Securities Private Limited |