Eureka Forbes Balance Sheet Health
Financial Health criteria checks 3/6
Eureka Forbes has a total shareholder equity of ₹42.3B and total debt of ₹249.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹61.3B and ₹19.0B respectively. Eureka Forbes's EBIT is ₹1.5B making its interest coverage ratio 15.7. It has cash and short-term investments of ₹1.5B.
Key information
0.6%
Debt to equity ratio
₹249.20m
Debt
Interest coverage ratio | 15.7x |
Cash | ₹1.52b |
Equity | ₹42.27b |
Total liabilities | ₹19.03b |
Total assets | ₹61.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543482's short term assets (₹6.1B) do not cover its short term liabilities (₹9.5B).
Long Term Liabilities: 543482's short term assets (₹6.1B) do not cover its long term liabilities (₹9.5B).
Debt to Equity History and Analysis
Debt Level: 543482 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543482's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543482's debt is well covered by operating cash flow (780.4%).
Interest Coverage: 543482's interest payments on its debt are well covered by EBIT (15.7x coverage).