Orient Electric Balance Sheet Health
Financial Health criteria checks 6/6
Orient Electric has a total shareholder equity of ₹6.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ₹12.3B and ₹6.1B respectively. Orient Electric's EBIT is ₹1.0B making its interest coverage ratio -43. It has cash and short-term investments of ₹465.1M.
Key information
20.1%
Debt to equity ratio
₹1.24b
Debt
Interest coverage ratio | -43x |
Cash | ₹465.10m |
Equity | ₹6.15b |
Total liabilities | ₹6.13b |
Total assets | ₹12.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541301's short term assets (₹7.3B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: 541301's short term assets (₹7.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 541301's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 541301's debt to equity ratio has reduced from 52% to 20.1% over the past 5 years.
Debt Coverage: 541301's debt is well covered by operating cash flow (75.3%).
Interest Coverage: 541301 earns more interest than it pays, so coverage of interest payments is not a concern.