W.S. Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
W.S. Industries (India) has a total shareholder equity of ₹1.4B and total debt of ₹707.8M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are ₹3.5B and ₹2.1B respectively. W.S. Industries (India)'s EBIT is ₹404.7M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹385.8M.
Key information
51.5%
Debt to equity ratio
₹707.78m
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹385.79m |
| Equity | ₹1.37b |
| Total liabilities | ₹2.12b |
| Total assets | ₹3.49b |
Recent financial health updates
We Think W.S. Industries (India) (NSE:WSI) Is Taking Some Risk With Its Debt
Jan 11
W.S. Industries (India) (NSE:WSI) Has A Somewhat Strained Balance Sheet
Sep 22We Think W.S. Industries (India) (NSE:WSI) Is Taking Some Risk With Its Debt
Jun 02Recent updates
W.S. Industries (India) (NSE:WSI) Is Posting Healthy Earnings, But It Is Not All Good News
May 29Here's Why We Think W.S. Industries (India) (NSE:WSI) Is Well Worth Watching
Mar 15W.S. Industries (India) Limited (NSE:WSI) Stock Rockets 41% But Many Are Still Ignoring The Company
Feb 11We Think W.S. Industries (India) (NSE:WSI) Is Taking Some Risk With Its Debt
Jan 11Statutory Earnings May Not Be The Best Way To Understand W.S. Industries (India)'s (NSE:WSI) True Position
Nov 16W.S. Industries (India) Limited (NSE:WSI) Could Be Riskier Than It Looks
Nov 13W.S. Industries (India) (NSE:WSI) Has A Somewhat Strained Balance Sheet
Sep 22We Think W.S. Industries (India) (NSE:WSI) Is Taking Some Risk With Its Debt
Jun 02Financial Position Analysis
Short Term Liabilities: WSI's short term assets (₹1.7B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: WSI's short term assets (₹1.7B) exceed its long term liabilities (₹692.8M).
Debt to Equity History and Analysis
Debt Level: WSI's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: WSI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WSI's debt is well covered by operating cash flow (160%).
Interest Coverage: WSI's interest payments on its debt are well covered by EBIT (6.8x coverage).