Elgi Rubber Balance Sheet Health
Financial Health criteria checks 2/6
Elgi Rubber has a total shareholder equity of ₹2.1B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 131.4%. Its total assets and total liabilities are ₹5.3B and ₹3.3B respectively.
Key information
131.4%
Debt to equity ratio
₹2.73b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹355.31m |
| Equity | ₹2.08b |
| Total liabilities | ₹3.26b |
| Total assets | ₹5.34b |
Recent financial health updates
Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load
Jul 26
Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?
Jun 17Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?
Jan 11Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet
Sep 01Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?
Dec 11Recent updates
Market Might Still Lack Some Conviction On Elgi Rubber Company Limited (NSE:ELGIRUBCO) Even After 26% Share Price Boost
Nov 06Elgi Rubber Company Limited's (NSE:ELGIRUBCO) P/E Is Still On The Mark Following 27% Share Price Bounce
Aug 13Elgi Rubber Company Limited (NSE:ELGIRUBCO) Soars 30% But It's A Story Of Risk Vs Reward
Jun 07Returns On Capital Are Showing Encouraging Signs At Elgi Rubber (NSE:ELGIRUBCO)
Jun 05We Think You Should Be Aware Of Some Concerning Factors In Elgi Rubber's (NSE:ELGIRUBCO) Earnings
Nov 22Elgi Rubber (NSE:ELGIRUBCO) Might Have The Makings Of A Multi-Bagger
Sep 15Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load
Jul 26Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?
Jun 17Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?
Jan 11Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet
Sep 01Could Elgi Rubber Company Limited (NSE:ELGIRUBCO) Have The Makings Of Another Dividend Aristocrat?
Apr 30Should You Take Comfort From Insider Transactions At Elgi Rubber Company Limited (NSE:ELGIRUBCO)?
Feb 28What Can We Conclude About Elgi Rubber's (NSE:ELGIRUBCO) CEO Pay?
Feb 02Is Elgi Rubber Company Limited (NSE:ELGIRUBCO) A Good Fit For Your Dividend Portfolio?
Jan 06
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?
Dec 11Financial Position Analysis
Short Term Liabilities: ELGIRUBCO's short term assets (₹2.7B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: ELGIRUBCO's short term assets (₹2.7B) exceed its long term liabilities (₹953.3M).
Debt to Equity History and Analysis
Debt Level: ELGIRUBCO's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: ELGIRUBCO's debt to equity ratio has increased from 115.7% to 131.4% over the past 5 years.
Debt Coverage: ELGIRUBCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELGIRUBCO's interest payments on its debt are well covered by EBIT.