Winsome Textile Industries Balance Sheet Health
Financial Health criteria checks 4/6
Winsome Textile Industries has a total shareholder equity of ₹2.8B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ₹8.4B and ₹5.6B respectively. Winsome Textile Industries's EBIT is ₹727.0M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹278.0M.
Key information
104.0%
Debt to equity ratio
₹2.86b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹278.00m |
| Equity | ₹2.75b |
| Total liabilities | ₹5.63b |
| Total assets | ₹8.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514470's short term assets (₹5.0B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: 514470's short term assets (₹5.0B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 514470's net debt to equity ratio (93.9%) is considered high.
Reducing Debt: 514470's debt to equity ratio has reduced from 135.7% to 104% over the past 5 years.
Debt Coverage: 514470's debt is well covered by operating cash flow (26.6%).
Interest Coverage: 514470's interest payments on its debt are not well covered by EBIT (1.5x coverage).