eClerx Services Balance Sheet Health
Financial Health criteria checks 5/6
eClerx Services has a total shareholder equity of ₹19.8B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₹25.3B and ₹5.5B respectively. eClerx Services's EBIT is ₹6.6B making its interest coverage ratio 45. It has cash and short-term investments of ₹9.1B.
Key information
10.9%
Debt to equity ratio
₹2.15b
Debt
Interest coverage ratio | 45x |
Cash | ₹9.11b |
Equity | ₹19.76b |
Total liabilities | ₹5.54b |
Total assets | ₹25.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532927's short term assets (₹15.9B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 532927's short term assets (₹15.9B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 532927 has more cash than its total debt.
Reducing Debt: 532927's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.
Debt Coverage: 532927's debt is well covered by operating cash flow (258.1%).
Interest Coverage: 532927's interest payments on its debt are well covered by EBIT (45x coverage).