Evans Electric Balance Sheet Health
Financial Health criteria checks 4/6
Evans Electric has a total shareholder equity of ₹182.0M and total debt of ₹4.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹241.7M and ₹59.6M respectively. Evans Electric's EBIT is ₹53.4M making its interest coverage ratio 125. It has cash and short-term investments of ₹4.1M.
Key information
2.2%
Debt to equity ratio
₹3.99m
Debt
| Interest coverage ratio | 125x |
| Cash | ₹4.06m |
| Equity | ₹182.04m |
| Total liabilities | ₹59.63m |
| Total assets | ₹241.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542668's short term assets (₹140.8M) exceed its short term liabilities (₹59.4M).
Long Term Liabilities: 542668's short term assets (₹140.8M) exceed its long term liabilities (₹241.0K).
Debt to Equity History and Analysis
Debt Level: 542668 has more cash than its total debt.
Reducing Debt: 542668's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: 542668's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542668's interest payments on its debt are well covered by EBIT (125x coverage).