Elgi Rubber Company Limited

NSEI:ELGIRUBCO Stock Report

Market Cap: ₹5.5b

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 ration/a
Cash₹355.31m
Equity₹2.08b
Total liabilities₹3.26b
Total assets₹5.34b

Recent financial health updates

Recent updates

Market Might Still Lack Some Conviction On Elgi Rubber Company Limited (NSE:ELGIRUBCO) Even After 26% Share Price Boost

Nov 06
Market Might Still Lack Some Conviction On Elgi Rubber Company Limited (NSE:ELGIRUBCO) Even After 26% Share Price Boost

Elgi Rubber Company Limited's (NSE:ELGIRUBCO) P/E Is Still On The Mark Following 27% Share Price Bounce

Aug 13
Elgi Rubber Company Limited's (NSE:ELGIRUBCO) P/E Is Still On The Mark Following 27% Share Price Bounce

Elgi Rubber Company Limited (NSE:ELGIRUBCO) Soars 30% But It's A Story Of Risk Vs Reward

Jun 07
Elgi Rubber Company Limited (NSE:ELGIRUBCO) Soars 30% But It's A Story Of Risk Vs Reward

Returns On Capital Are Showing Encouraging Signs At Elgi Rubber (NSE:ELGIRUBCO)

Jun 05
Returns On Capital Are Showing Encouraging Signs At Elgi Rubber (NSE:ELGIRUBCO)

We Think You Should Be Aware Of Some Concerning Factors In Elgi Rubber's (NSE:ELGIRUBCO) Earnings

Nov 22
We Think You Should Be Aware Of Some Concerning Factors In Elgi Rubber's (NSE:ELGIRUBCO) Earnings

Elgi Rubber (NSE:ELGIRUBCO) Might Have The Makings Of A Multi-Bagger

Sep 15
Elgi Rubber (NSE:ELGIRUBCO) Might Have The Makings Of A Multi-Bagger

Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load

Jul 26
Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load

Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?

Jun 17
Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?

Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

Jan 11
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet

Sep 01
Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet

Could Elgi Rubber Company Limited (NSE:ELGIRUBCO) Have The Makings Of Another Dividend Aristocrat?

Apr 30
Could Elgi Rubber Company Limited (NSE:ELGIRUBCO) Have The Makings Of Another Dividend Aristocrat?

Should You Take Comfort From Insider Transactions At Elgi Rubber Company Limited (NSE:ELGIRUBCO)?

Feb 28
Should You Take Comfort From Insider Transactions At Elgi Rubber Company Limited (NSE:ELGIRUBCO)?

What Can We Conclude About Elgi Rubber's (NSE:ELGIRUBCO) CEO Pay?

Feb 02
What Can We Conclude About Elgi Rubber's (NSE:ELGIRUBCO) CEO Pay?

Is Elgi Rubber Company Limited (NSE:ELGIRUBCO) A Good Fit For Your Dividend Portfolio?

Jan 06
Is Elgi Rubber Company Limited (NSE:ELGIRUBCO) A Good Fit For Your Dividend Portfolio?

Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

Dec 11
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

Financial 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.


Balance Sheet


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