Eco Recycling Balance Sheet Health
Financial Health criteria checks 6/6
Eco Recycling has a total shareholder equity of ₹595.2M and total debt of ₹13.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹724.5M and ₹129.3M respectively. Eco Recycling's EBIT is ₹123.8M making its interest coverage ratio 37.2. It has cash and short-term investments of ₹138.1M.
Key information
2.3%
Debt to equity ratio
₹13.80m
Debt
Interest coverage ratio | 37.2x |
Cash | ₹138.10m |
Equity | ₹595.20m |
Total liabilities | ₹129.30m |
Total assets | ₹724.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530643's short term assets (₹201.7M) exceed its short term liabilities (₹49.9M).
Long Term Liabilities: 530643's short term assets (₹201.7M) exceed its long term liabilities (₹79.4M).
Debt to Equity History and Analysis
Debt Level: 530643 has more cash than its total debt.
Reducing Debt: 530643's debt to equity ratio has reduced from 90.7% to 2.3% over the past 5 years.
Debt Coverage: 530643's debt is well covered by operating cash flow (978.8%).
Interest Coverage: 530643's interest payments on its debt are well covered by EBIT (37.2x coverage).