Ujaas Energy Balance Sheet Health
Financial Health criteria checks 5/6
Ujaas Energy has a total shareholder equity of ₹891.4M and total debt of ₹185.1M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are ₹1.1B and ₹214.7M respectively. Ujaas Energy's EBIT is ₹174.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹163.0M.
Key information
20.8%
Debt to equity ratio
₹185.07m
Debt
Interest coverage ratio | 2.2x |
Cash | ₹162.99m |
Equity | ₹891.36m |
Total liabilities | ₹214.69m |
Total assets | ₹1.11b |
Recent financial health updates
Ujaas Energy (NSE:UJAAS) Has Debt But No Earnings; Should You Worry?
Sep 24Is Ujaas Energy (NSE:UJAAS) Using Debt In A Risky Way?
Jun 10Health Check: How Prudently Does Ujaas Energy (NSE:UJAAS) Use Debt?
Sep 09Is Ujaas Energy (NSE:UJAAS) Using Debt In A Risky Way?
Mar 15Is Ujaas Energy (NSE:UJAAS) A Risky Investment?
Nov 24Is Ujaas Energy (NSE:UJAAS) Using Too Much Debt?
Sep 01Recent updates
Statutory Profit Doesn't Reflect How Good Ujaas Energy's (NSE:UEL) Earnings Are
Jun 09Ujaas Energy (NSE:UJAAS) Has Debt But No Earnings; Should You Worry?
Sep 24Is Ujaas Energy (NSE:UJAAS) Using Debt In A Risky Way?
Jun 10Health Check: How Prudently Does Ujaas Energy (NSE:UJAAS) Use Debt?
Sep 09Is Ujaas Energy (NSE:UJAAS) Using Debt In A Risky Way?
Mar 15Is Ujaas Energy (NSE:UJAAS) A Risky Investment?
Nov 24The Chairman & MD of Ujaas Energy Limited (NSE:UJAAS), Shyam Sunder Mundra, Just Sold 72% Of Their Holding
Dec 14Is Ujaas Energy (NSE:UJAAS) Using Too Much Debt?
Sep 01Financial Position Analysis
Short Term Liabilities: UEL's short term assets (₹570.3M) exceed its short term liabilities (₹210.5M).
Long Term Liabilities: UEL's short term assets (₹570.3M) exceed its long term liabilities (₹4.2M).
Debt to Equity History and Analysis
Debt Level: UEL's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: UEL's debt to equity ratio has reduced from 63.6% to 20.8% over the past 5 years.
Debt Coverage: UEL's debt is well covered by operating cash flow (675.4%).
Interest Coverage: UEL's interest payments on its debt are not well covered by EBIT (2.2x coverage).