Westlife Foodworld Balance Sheet Health
Financial Health criteria checks 1/6
Westlife Foodworld has a total shareholder equity of ₹5.6B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 224.6%. Its total assets and total liabilities are ₹21.8B and ₹16.2B respectively. Westlife Foodworld's EBIT is ₹2.2B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹270.4M.
Key information
224.6%
Debt to equity ratio
₹12.65b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹270.42m |
Equity | ₹5.63b |
Total liabilities | ₹16.17b |
Total assets | ₹21.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505533's short term assets (₹1.9B) do not cover its short term liabilities (₹4.8B).
Long Term Liabilities: 505533's short term assets (₹1.9B) do not cover its long term liabilities (₹11.4B).
Debt to Equity History and Analysis
Debt Level: 505533's net debt to equity ratio (219.8%) is considered high.
Reducing Debt: 505533's debt to equity ratio has increased from 33.2% to 224.6% over the past 5 years.
Debt Coverage: 505533's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 505533's interest payments on its debt are not well covered by EBIT (2.2x coverage).