Eureka Forbes Balance Sheet Health
Financial Health criteria checks 3/6
Eureka Forbes has a total shareholder equity of ₹43.2B and total debt of ₹503.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹63.3B and ₹20.1B respectively. Eureka Forbes's EBIT is ₹1.7B making its interest coverage ratio 38.5. It has cash and short-term investments of ₹2.0B.
Key information
1.2%
Debt to equity ratio
₹503.50m
Debt
| Interest coverage ratio | 38.5x |
| Cash | ₹2.03b |
| Equity | ₹43.20b |
| Total liabilities | ₹20.12b |
| Total assets | ₹63.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUREKAFORB's short term assets (₹8.1B) do not cover its short term liabilities (₹10.7B).
Long Term Liabilities: EUREKAFORB's short term assets (₹8.1B) do not cover its long term liabilities (₹9.5B).
Debt to Equity History and Analysis
Debt Level: EUREKAFORB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EUREKAFORB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EUREKAFORB's debt is well covered by operating cash flow (324%).
Interest Coverage: EUREKAFORB's interest payments on its debt are well covered by EBIT (38.5x coverage).