Essen Speciality Films Balance Sheet Health
Financial Health criteria checks 5/6
Essen Speciality Films has a total shareholder equity of ₹1.5B and total debt of ₹33.7M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹1.8B and ₹294.9M respectively. Essen Speciality Films's EBIT is ₹171.5M making its interest coverage ratio -9.7. It has cash and short-term investments of ₹360.2M.
Key information
2.2%
Debt to equity ratio
₹33.68m
Debt
| Interest coverage ratio | -9.7x |
| Cash | ₹360.22m |
| Equity | ₹1.51b |
| Total liabilities | ₹294.89m |
| Total assets | ₹1.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ESFL's short term assets (₹1.4B) exceed its short term liabilities (₹280.6M).
Long Term Liabilities: ESFL's short term assets (₹1.4B) exceed its long term liabilities (₹14.3M).
Debt to Equity History and Analysis
Debt Level: ESFL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ESFL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ESFL's debt is well covered by operating cash flow (101.8%).
Interest Coverage: ESFL earns more interest than it pays, so coverage of interest payments is not a concern.