Century Enka Balance Sheet Health
Financial Health criteria checks 5/6
Century Enka has a total shareholder equity of ₹13.2B and total debt of ₹674.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹16.0B and ₹2.8B respectively. Century Enka's EBIT is ₹228.2M making its interest coverage ratio -6.6. It has cash and short-term investments of ₹2.6B.
Key information
5.1%
Debt to equity ratio
₹674.50m
Debt
Interest coverage ratio | -6.6x |
Cash | ₹2.56b |
Equity | ₹13.23b |
Total liabilities | ₹2.78b |
Total assets | ₹16.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500280's short term assets (₹7.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 500280's short term assets (₹7.5B) 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 4.2% to 5.1% over the past 5 years.
Debt Coverage: 500280's debt is well covered by operating cash flow (205.9%).
Interest Coverage: 500280 earns more interest than it pays, so coverage of interest payments is not a concern.