Century Enka Balance Sheet Health
Financial Health criteria checks 5/6
Century Enka has a total shareholder equity of ₹14.0B and total debt of ₹487.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹18.7B and ₹4.7B respectively. Century Enka's EBIT is ₹782.4M making its interest coverage ratio -7.8. It has cash and short-term investments of ₹3.2B.
Key information
3.5%
Debt to equity ratio
₹487.00m
Debt
| Interest coverage ratio | -7.8x |
| Cash | ₹3.21b |
| Equity | ₹13.98b |
| Total liabilities | ₹4.73b |
| Total assets | ₹18.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500280's short term assets (₹9.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 500280's short term assets (₹9.7B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 500280 has more cash than its total debt.
Reducing Debt: 500280's debt to equity ratio has increased from 2.5% to 3.5% over the past 5 years.
Debt Coverage: 500280's debt is well covered by operating cash flow (345.8%).
Interest Coverage: 500280 earns more interest than it pays, so coverage of interest payments is not a concern.