Everest Industries Balance Sheet Health
Financial Health criteria checks 5/6
Everest Industries has a total shareholder equity of ₹5.9B and total debt of ₹535.5M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ₹10.4B and ₹4.5B respectively. Everest Industries's EBIT is ₹49.5M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹358.0M.
Key information
9.1%
Debt to equity ratio
₹535.46m
Debt
Interest coverage ratio | 0.3x |
Cash | ₹358.03m |
Equity | ₹5.88b |
Total liabilities | ₹4.54b |
Total assets | ₹10.42b |
Recent financial health updates
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 01Recent updates
Everest 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 01Need To Know: Everest Industries Limited (NSE:EVERESTIND) Insiders Have Been Buying Shares
Nov 13Calculating The Fair Value Of Everest Industries Limited (NSE:EVERESTIND)
Oct 23What These Trends Mean At Everest Industries (NSE:EVERESTIND)
Jun 25Financial Position Analysis
Short Term Liabilities: EVERESTIND's short term assets (₹6.0B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: EVERESTIND's short term assets (₹6.0B) exceed its long term liabilities (₹738.0M).
Debt to Equity History and Analysis
Debt Level: EVERESTIND's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: EVERESTIND's debt to equity ratio has reduced from 20.2% to 9.1% over the past 5 years.
Debt Coverage: EVERESTIND's debt is well covered by operating cash flow (95.5%).
Interest Coverage: EVERESTIND's interest payments on its debt are not well covered by EBIT (0.3x coverage).