Euro India Fresh Foods Balance Sheet Health
Financial Health criteria checks 3/6
Euro India Fresh Foods has a total shareholder equity of ₹667.0M and total debt of ₹393.1M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ₹1.2B and ₹535.8M respectively. Euro India Fresh Foods's EBIT is ₹66.5M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹1.5M.
Key information
58.9%
Debt to equity ratio
₹393.10m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹1.50m |
| Equity | ₹667.00m |
| Total liabilities | ₹535.80m |
| Total assets | ₹1.20b |
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 (₹842.8M) exceed its short term liabilities (₹399.2M).
Long Term Liabilities: EIFFL's short term assets (₹842.8M) exceed its long term liabilities (₹136.6M).
Debt to Equity History and Analysis
Debt Level: EIFFL's net debt to equity ratio (58.7%) is considered high.
Reducing Debt: EIFFL's debt to equity ratio has increased from 33.6% to 58.9% over the past 5 years.
Debt Coverage: EIFFL's debt is well covered by operating cash flow (24.5%).
Interest Coverage: EIFFL's interest payments on its debt are not well covered by EBIT (1.8x coverage).