Euro India Fresh Foods Balance Sheet Health
Financial Health criteria checks 3/6
Euro India Fresh Foods has a total shareholder equity of ₹680.4M and total debt of ₹385.9M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ₹1.3B and ₹612.1M respectively. Euro India Fresh Foods's EBIT is ₹70.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹2.1M.
Key information
56.7%
Debt to equity ratio
₹385.90m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹2.10m |
| Equity | ₹680.40m |
| Total liabilities | ₹612.10m |
| Total assets | ₹1.29b |
Recent financial health updates
These 4 Measures Indicate That Euro India Fresh Foods (NSE:EIFFL) Is Using Debt Reasonably Well
Jul 17
We Think Euro India Fresh Foods (NSE:EIFFL) Is Taking Some Risk With Its Debt
Jun 24Is Euro India Fresh Foods (NSE:EIFFL) Using Too Much Debt?
Jan 28Would Euro India Fresh Foods (NSE:EIFFL) Be Better Off With Less Debt?
Jan 02Recent updates
Subdued Growth No Barrier To Euro India Fresh Foods Limited (NSE:EIFFL) With Shares Advancing 29%
Aug 09These 4 Measures Indicate That Euro India Fresh Foods (NSE:EIFFL) Is Using Debt Reasonably Well
Jul 17We Think Euro India Fresh Foods (NSE:EIFFL) Is Taking Some Risk With Its Debt
Jun 24Is Euro India Fresh Foods (NSE:EIFFL) Using Too Much Debt?
Jan 28Would Euro India Fresh Foods (NSE:EIFFL) Be Better Off With Less Debt?
Jan 02Financial Position Analysis
Short Term Liabilities: EIFFL's short term assets (₹934.7M) exceed its short term liabilities (₹442.7M).
Long Term Liabilities: EIFFL's short term assets (₹934.7M) exceed its long term liabilities (₹169.4M).
Debt to Equity History and Analysis
Debt Level: EIFFL's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: EIFFL's debt to equity ratio has increased from 33.6% to 56.7% over the past 5 years.
Debt Coverage: EIFFL's debt is well covered by operating cash flow (21.4%).
Interest Coverage: EIFFL's interest payments on its debt are not well covered by EBIT (1.9x coverage).