Engineers India Balance Sheet Health
Financial Health criteria checks 5/6
Engineers India has a total shareholder equity of ₹21.6B and total debt of ₹231.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹45.2B and ₹23.6B respectively. Engineers India's EBIT is ₹3.7B making its interest coverage ratio -3. It has cash and short-term investments of ₹12.1B.
Key information
1.1%
Debt to equity ratio
₹231.10m
Debt
| Interest coverage ratio | -3x |
| Cash | ₹12.08b |
| Equity | ₹21.62b |
| Total liabilities | ₹23.56b |
| Total assets | ₹45.18b |
Recent financial health updates
Recent updates
Is Now The Time To Put Engineers India (NSE:ENGINERSIN) On Your Watchlist?
Apr 26
Engineers India Limited's (NSE:ENGINERSIN) Shares Lagging The Market But So Is The Business
Apr 05Engineers India Limited's (NSE:ENGINERSIN) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jan 03Is Now An Opportune Moment To Examine Engineers India Limited (NSE:ENGINERSIN)?
Dec 28Is Now The Time To Put Engineers India (NSE:ENGINERSIN) On Your Watchlist?
Dec 06We Think Engineers India (NSE:ENGINERSIN) Can Stay On Top Of Its Debt
Sep 13Engineers India (NSE:ENGINERSIN) Is Paying Out A Dividend Of ₹1.00
Aug 14Engineers India (NSE:ENGINERSIN) Will Pay A Larger Dividend Than Last Year At ₹1.00
Aug 26Weak Statutory Earnings May Not Tell The Whole Story For Engineers India (NSE:ENGINERSIN)
Jun 03Estimating The Fair Value Of Engineers India Limited (NSE:ENGINERSIN)
Mar 30Engineers India's (NSE:ENGINERSIN) Dividend Is Being Reduced To ₹0.60
Aug 25Engineers India Limited Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Jun 11Engineers India (NSE:ENGINERSIN) Shareholders Will Want The ROCE Trajectory To Continue
Apr 06Engineers India Limited (NSE:ENGINERSIN) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield
Mar 13Three Things You Should Check Before Buying Engineers India Limited (NSE:ENGINERSIN) For Its Dividend
Mar 07Can Engineers India Limited (NSE:ENGINERSIN) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Feb 14Financial Position Analysis
Short Term Liabilities: ENGINERSIN's short term assets (₹25.9B) exceed its short term liabilities (₹23.1B).
Long Term Liabilities: ENGINERSIN's short term assets (₹25.9B) exceed its long term liabilities (₹446.4M).
Debt to Equity History and Analysis
Debt Level: ENGINERSIN has more cash than its total debt.
Reducing Debt: ENGINERSIN's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: ENGINERSIN's debt is well covered by operating cash flow (583.4%).
Interest Coverage: ENGINERSIN earns more interest than it pays, so coverage of interest payments is not a concern.