Emkay Taps and Cutting Tools Balance Sheet Health
Financial Health criteria checks 6/6
Emkay Taps and Cutting Tools has a total shareholder equity of ₹3.5B and total debt of ₹9.1M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹3.8B and ₹290.1M respectively. Emkay Taps and Cutting Tools's EBIT is ₹509.1M making its interest coverage ratio -16. It has cash and short-term investments of ₹9.7M.
Key information
0.3%
Debt to equity ratio
₹9.05m
Debt
| Interest coverage ratio | -16x |
| Cash | ₹9.71m |
| Equity | ₹3.54b |
| Total liabilities | ₹290.13m |
| Total assets | ₹3.83b |
Recent financial health updates
No updates
Recent updates
Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS) Might Not Be As Mispriced As It Looks After Plunging 60%
Dec 05
Here's Why We Think Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Is Well Worth Watching
Nov 16Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS) Soars 26% But It's A Story Of Risk Vs Reward
Oct 20Increases to CEO Compensation Might Be Put On Hold For Now at Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS)
Aug 29Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Earnings Are Weaker Than They Seem
Aug 16There's Been No Shortage Of Growth Recently For Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Returns On Capital
Jul 16Further Upside For Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS) Shares Could Introduce Price Risks After 30% Bounce
Jun 13Here's Why We Think Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Is Well Worth Watching
May 04Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Hasn't Managed To Accelerate Its Returns
Nov 23Does Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Deserve A Spot On Your Watchlist?
Nov 01Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Returns On Capital Not Reflecting Well On The Business
Jul 20Do Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Earnings Warrant Your Attention?
Jun 29Why You Should Care About Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Strong Returns On Capital
Feb 25Return Trends At Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Aren't Appealing
Nov 17Here's Why We Think Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Is Well Worth Watching
Oct 18Shareholders Are Optimistic That Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Will Multiply In Value
Jul 29Here's Why We Think Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Might Deserve Your Attention Today
Jul 07Does Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Deserve A Spot On Your Watchlist?
Jan 31Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Will Be Hoping To Turn Its Returns On Capital Around
Nov 11Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Will Want To Turn Around Its Return Trends
Jul 14Should You Be Impressed By Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) Returns on Capital?
Feb 08
A Look At The Intrinsic Value Of Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS)
Jan 22Emkay Taps and Cutting Tools Limited (NSE:EMKAYTOOLS) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jan 04Here's Why We Don't Think Emkay Taps and Cutting Tools's (NSE:EMKAYTOOLS) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 14How Much Does Emkay Taps and Cutting Tools' (NSE:EMKAYTOOLS) CEO Make?
Nov 18Financial Position Analysis
Short Term Liabilities: EMKAYTOOLS's short term assets (₹654.5M) exceed its short term liabilities (₹282.4M).
Long Term Liabilities: EMKAYTOOLS's short term assets (₹654.5M) exceed its long term liabilities (₹7.8M).
Debt to Equity History and Analysis
Debt Level: EMKAYTOOLS has more cash than its total debt.
Reducing Debt: EMKAYTOOLS's debt to equity ratio has reduced from 1.6% to 0.3% over the past 5 years.
Debt Coverage: EMKAYTOOLS's debt is well covered by operating cash flow (2716.8%).
Interest Coverage: EMKAYTOOLS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:12 |
| End of Day Share Price | 2024/12/27 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Emkay Taps and Cutting Tools Limited is covered by 0 analysts. 0 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 |
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