Evans Electric Balance Sheet Health
Financial Health criteria checks 6/6
Evans Electric has a total shareholder equity of ₹204.9M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹239.5M and ₹34.6M respectively. Evans Electric's EBIT is ₹31.4M making its interest coverage ratio -23.1. It has cash and short-term investments of ₹7.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -23.1x |
| Cash | ₹7.44m |
| Equity | ₹204.87m |
| Total liabilities | ₹34.59m |
| Total assets | ₹239.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542668's short term assets (₹76.0M) exceed its short term liabilities (₹33.9M).
Long Term Liabilities: 542668's short term assets (₹76.0M) exceed its long term liabilities (₹722.0K).
Debt to Equity History and Analysis
Debt Level: 542668 is debt free.
Reducing Debt: 542668 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 542668 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 542668 has no debt, therefore coverage of interest payments is not a concern.