Everest Industries Balance Sheet Health
Financial Health criteria checks 3/6
Everest Industries has a total shareholder equity of ₹6.0B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ₹13.5B and ₹7.5B respectively. Everest Industries's EBIT is ₹138.2M making its interest coverage ratio 1. It has cash and short-term investments of ₹240.7M.
Key information
32.9%
Debt to equity ratio
₹1.98b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹240.66m |
| Equity | ₹6.02b |
| Total liabilities | ₹7.52b |
| Total assets | ₹13.54b |
Recent financial health updates
Is Everest Industries (NSE:EVERESTIND) Using Too Much Debt?
Nov 25
Is Everest Industries (NSE:EVERESTIND) A Risky Investment?
Jun 13Is Everest Industries (NSE:EVERESTIND) A Risky Investment?
Mar 08These 4 Measures Indicate That Everest Industries (NSE:EVERESTIND) Is Using Debt Reasonably Well
Dec 01
Recent updates
Everest Industries Limited (NSE:EVERESTIND) Not Doing Enough For Some Investors As Its Shares Slump 28%
Dec 01Is Everest Industries (NSE:EVERESTIND) Using Too Much Debt?
Nov 25Why Everest Industries' (NSE:EVERESTIND) Shaky Earnings Are Just The Beginning Of Its Problems
May 30Everest Industries (NSE:EVERESTIND) Will Pay A Dividend Of ₹6.00
Jul 20Is Everest Industries (NSE:EVERESTIND) A Risky Investment?
Jun 13Everest Industries (NSE:EVERESTIND) Could Be Struggling To Allocate Capital
Dec 08Everest Industries' (NSE:EVERESTIND) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 12Everest Industries' (NSE:EVERESTIND) Dividend Will Be Reduced To ₹6.00
Jul 29Everest Industries' (NSE:EVERESTIND) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 11The Return Trends At Everest Industries (NSE:EVERESTIND) Look Promising
Mar 24Investors Will Want Everest Industries' (NSE:EVERESTIND) Growth In ROCE To Persist
Dec 08Everest Industries (NSE:EVERESTIND) Is Increasing Its Dividend To ₹7.50
Jul 11Everest Industries (NSE:EVERESTIND) Has More To Do To Multiply In Value Going Forward
May 06Is Everest Industries (NSE:EVERESTIND) A Risky Investment?
Mar 08Should You Or Shouldn't You: A Dividend Analysis on Everest Industries Limited (NSE:EVERESTIND)
Feb 21Trade Alert: Manju Taparia At Everest Industries Limited (NSE:EVERESTIND), Has Just Spent ₹2.8m Buying 250% More Shares
Feb 06Will Everest Industries (NSE:EVERESTIND) Multiply In Value Going Forward?
Jan 30Can Mixed Fundamentals Have A Negative Impact on Everest Industries Limited (NSE:EVERESTIND) Current Share Price Momentum?
Jan 15What Type Of Returns Would Everest Industries'(NSE:EVERESTIND) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 31We Think Everest Industries's (NSE:EVERESTIND) Statutory Profit Might Understate Its Earnings Potential
Dec 16These 4 Measures Indicate That Everest Industries (NSE:EVERESTIND) Is Using Debt Reasonably Well
Dec 01Financial Position Analysis
Short Term Liabilities: EVERESTIND's short term assets (₹7.5B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: EVERESTIND's short term assets (₹7.5B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: EVERESTIND's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: EVERESTIND's debt to equity ratio has increased from 13.7% to 32.9% over the past 5 years.
Debt Coverage: EVERESTIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EVERESTIND's interest payments on its debt are not well covered by EBIT (1x coverage).