Eveready Industries India Balance Sheet Health
Financial Health criteria checks 5/6
Eveready Industries India has a total shareholder equity of ₹4.4B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ₹10.8B and ₹6.4B respectively. Eveready Industries India's EBIT is ₹1.2B making its interest coverage ratio 4.7. It has cash and short-term investments of ₹115.2M.
Key information
59.9%
Debt to equity ratio
₹2.62b
Debt
| Interest coverage ratio | 4.7x |
| Cash | ₹115.20m |
| Equity | ₹4.38b |
| Total liabilities | ₹6.42b |
| Total assets | ₹10.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531508's short term assets (₹5.6B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: 531508's short term assets (₹5.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 531508's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: 531508's debt to equity ratio has reduced from 126.4% to 59.9% over the past 5 years.
Debt Coverage: 531508's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 531508's interest payments on its debt are well covered by EBIT (4.7x coverage).