Olectra Greentech Balance Sheet Health
Financial Health criteria checks 5/6
Olectra Greentech has a total shareholder equity of ₹9.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₹15.9B and ₹6.7B respectively. Olectra Greentech's EBIT is ₹1.3B making its interest coverage ratio 3. It has cash and short-term investments of ₹1.7B.
Key information
13.2%
Debt to equity ratio
₹1.21b
Debt
| Interest coverage ratio | 3x |
| Cash | ₹1.75b |
| Equity | ₹9.17b |
| Total liabilities | ₹6.72b |
| Total assets | ₹15.89b |
Recent financial health updates
Is Olectra Greentech (NSE:OLECTRA) Using Too Much Debt?
Mar 15
We Think Olectra Greentech (NSE:OLECTRA) Can Manage Its Debt With Ease
Nov 21Olectra Greentech (NSE:OLECTRA) Has A Pretty Healthy Balance Sheet
Jul 01Is Olectra Greentech (NSE:OLECTRA) Using Too Much Debt?
Sep 29Olectra Greentech (NSE:OLECTRA) Seems To Use Debt Rather Sparingly
Mar 29These 4 Measures Indicate That Olectra Greentech (NSE:OLECTRA) Is Using Debt Safely
Nov 19Recent updates
Olectra Greentech Limited's (NSE:OLECTRA) Earnings Haven't Escaped The Attention Of Investors
Apr 17The Return Trends At Olectra Greentech (NSE:OLECTRA) Look Promising
Mar 30Is Olectra Greentech (NSE:OLECTRA) Using Too Much Debt?
Mar 15Do Olectra Greentech's (NSE:OLECTRA) Earnings Warrant Your Attention?
Dec 19We Think Olectra Greentech (NSE:OLECTRA) Can Manage Its Debt With Ease
Nov 21Investors Will Want Olectra Greentech's (NSE:OLECTRA) Growth In ROCE To Persist
Oct 20We Ran A Stock Scan For Earnings Growth And Olectra Greentech (NSE:OLECTRA) Passed With Ease
Sep 01Olectra Greentech's (NSE:OLECTRA) Returns On Capital Are Heading Higher
Jul 20Olectra Greentech (NSE:OLECTRA) Has A Pretty Healthy Balance Sheet
Jul 01Do Olectra Greentech's (NSE:OLECTRA) Earnings Warrant Your Attention?
Mar 11Returns At Olectra Greentech (NSE:OLECTRA) Are On The Way Up
Feb 21Is Olectra Greentech (NSE:OLECTRA) Using Too Much Debt?
Sep 29Olectra Greentech (NSE:OLECTRA) Will Be Hoping To Turn Its Returns On Capital Around
Jun 04Here's Why I Think Olectra Greentech (NSE:OLECTRA) Might Deserve Your Attention Today
Apr 29Olectra Greentech (NSE:OLECTRA) Seems To Use Debt Rather Sparingly
Mar 29Does Olectra Greentech (NSE:OLECTRA) Deserve A Spot On Your Watchlist?
Dec 10These 4 Measures Indicate That Olectra Greentech (NSE:OLECTRA) Is Using Debt Safely
Nov 19Some Investors May Be Worried About Olectra Greentech's (NSE:OLECTRA) Returns On Capital
Nov 01If You Like EPS Growth Then Check Out Olectra Greentech (NSE:OLECTRA) Before It's Too Late
Aug 11There Are Reasons To Feel Uneasy About Olectra Greentech's (NSE:OLECTRA) Returns On Capital
Jun 24We're Not Counting On Olectra Greentech (NSE:OLECTRA) To Sustain Its Statutory Profitability
Jan 10Financial Position Analysis
Short Term Liabilities: OLECTRA's short term assets (₹11.5B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: OLECTRA's short term assets (₹11.5B) exceed its long term liabilities (₹583.2M).
Debt to Equity History and Analysis
Debt Level: OLECTRA has more cash than its total debt.
Reducing Debt: OLECTRA's debt to equity ratio has increased from 3.5% to 13.2% over the past 5 years.
Debt Coverage: OLECTRA's debt is well covered by operating cash flow (118.4%).
Interest Coverage: OLECTRA's interest payments on its debt are well covered by EBIT (3x coverage).