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
Is Century Enka (NSE:CENTENKA) Using Too Much Debt?
Feb 23
Century Enka (NSE:CENTENKA) Has A Rock Solid Balance Sheet
Aug 23We Think Century Enka (NSE:CENTENKA) Can Manage Its Debt With Ease
Mar 04Is Century Enka (NSE:CENTENKA) Using Too Much Debt?
Nov 28
Health Check: How Prudently Does Century Enka (NSE:CENTENKA) Use Debt?
Aug 27Recent updates
Century Enka (NSE:CENTENKA) Has Announced A Dividend Of ₹10.00
Aug 03Century Enka (NSE:CENTENKA) Is Due To Pay A Dividend Of ₹10.00
May 21Century Enka (NSE:CENTENKA) Might Have The Makings Of A Multi-Bagger
Oct 06Century Enka's (NSE:CENTENKA) Dividend Will Be Increased To ₹10.00
Jul 29Century Enka (NSE:CENTENKA) Will Pay A Larger Dividend Than Last Year At ₹10.00
Jul 15Century Enka (NSE:CENTENKA) Has More To Do To Multiply In Value Going Forward
Jun 02Is Century Enka (NSE:CENTENKA) Using Too Much Debt?
Feb 23If You Like EPS Growth Then Check Out Century Enka (NSE:CENTENKA) Before It's Too Late
Feb 05We Like These Underlying Return On Capital Trends At Century Enka (NSE:CENTENKA)
Dec 28Century Enka (NSE:CENTENKA) Has A Rock Solid Balance Sheet
Aug 23Century Enka Limited's (NSE:CENTENKA) 3.1% Dividend Yield Looks Pretty Interesting
Apr 29Century Enka (NSE:CENTENKA) Is Reinvesting At Lower Rates Of Return
Mar 25We Think Century Enka (NSE:CENTENKA) Can Manage Its Debt With Ease
Mar 04Did You Participate In Any Of Century Enka's (NSE:CENTENKA) Respectable 89% Return?
Feb 11Three Things You Should Check Before Buying Century Enka Limited (NSE:CENTENKA) For Its Dividend
Jan 20Are Century Enka's (NSE:CENTENKA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 24Is Century Enka (NSE:CENTENKA) Using Too Much Debt?
Nov 28What Type Of Returns Would Century Enka's(NSE:CENTENKA) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 02Century Enka Limited's (NSE:CENTENKA) Prospects Need A Boost To Lift Shares
Sep 28Health Check: How Prudently Does Century Enka (NSE:CENTENKA) Use Debt?
Aug 27Financial Position Analysis
Short Term Liabilities: CENTENKA's short term assets (₹7.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: CENTENKA's short term assets (₹7.5B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: CENTENKA has more cash than its total debt.
Reducing Debt: CENTENKA's debt to equity ratio has increased from 4.2% to 5.1% over the past 5 years.
Debt Coverage: CENTENKA's debt is well covered by operating cash flow (205.9%).
Interest Coverage: CENTENKA earns more interest than it pays, so coverage of interest payments is not a concern.