Winsol Engineers Balance Sheet Health
Financial Health criteria checks 4/6
Winsol Engineers has a total shareholder equity of ₹171.8M and total debt of ₹94.0M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₹389.8M and ₹218.0M respectively. Winsol Engineers's EBIT is ₹124.0M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹4.6M.
Key information
54.7%
Debt to equity ratio
₹94.00m
Debt
| Interest coverage ratio | 15.8x |
| Cash | ₹4.63m |
| Equity | ₹171.82m |
| Total liabilities | ₹217.98m |
| Total assets | ₹389.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINSOL's short term assets (₹363.1M) exceed its short term liabilities (₹198.7M).
Long Term Liabilities: WINSOL's short term assets (₹363.1M) exceed its long term liabilities (₹19.3M).
Debt to Equity History and Analysis
Debt Level: WINSOL's net debt to equity ratio (52%) is considered high.
Reducing Debt: Insufficient data to determine if WINSOL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WINSOL's debt is well covered by operating cash flow (40.5%).
Interest Coverage: WINSOL's interest payments on its debt are well covered by EBIT (15.8x coverage).