Eveready Industries India Balance Sheet Health
Financial Health criteria checks 5/6
Eveready Industries India has a total shareholder equity of ₹3.9B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are ₹9.6B and ₹5.8B respectively. Eveready Industries India's EBIT is ₹1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹81.0M.
Key information
73.8%
Debt to equity ratio
₹2.85b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹81.00m |
| Equity | ₹3.87b |
| Total liabilities | ₹5.76b |
| Total assets | ₹9.63b |
Recent financial health updates
Is Eveready Industries India (NSE:EVEREADY) A Risky Investment?
Aug 23
Eveready Industries India (NSE:EVEREADY) Has A Somewhat Strained Balance Sheet
Nov 26Here's Why Eveready Industries India (NSE:EVEREADY) Can Manage Its Debt Responsibly
Jan 24We Think Eveready Industries India (NSE:EVEREADY) Can Manage Its Debt With Ease
Mar 29Eveready Industries India (NSE:EVEREADY) Has A Rock Solid Balance Sheet
Dec 17
Is Eveready Industries India (NSE:EVEREADY) Using Too Much Debt?
Sep 04Recent updates
Is Eveready Industries India (NSE:EVEREADY) A Risky Investment?
Aug 23Eveready Industries India (NSE:EVEREADY) Has A Somewhat Strained Balance Sheet
Nov 26Eveready Industries India (NSE:EVEREADY) Could Be Struggling To Allocate Capital
Aug 04Calculating The Intrinsic Value Of Eveready Industries India Limited (NSE:EVEREADY)
Mar 07Here's Why Eveready Industries India (NSE:EVEREADY) Can Manage Its Debt Responsibly
Jan 24Capital Investment Trends At Eveready Industries India (NSE:EVEREADY) Look Strong
Sep 15Eveready Industries India (NSE:EVEREADY) Is Reinvesting To Multiply In Value
May 18With EPS Growth And More, Eveready Industries India (NSE:EVEREADY) Is Interesting
Apr 13We Think Eveready Industries India (NSE:EVEREADY) Can Manage Its Debt With Ease
Mar 29Eveready Industries India (NSE:EVEREADY) Shareholders Have Enjoyed A Whopping 370% Share Price Gain
Mar 14Estimating The Intrinsic Value Of Eveready Industries India Limited (NSE:EVEREADY)
Mar 01Here's What We Think About Eveready Industries India's (NSE:EVEREADY) CEO Pay
Feb 17Are Strong Financial Prospects The Force That Is Driving The Momentum In Eveready Industries India Limited's NSE:EVEREADY) Stock?
Feb 04What Kind Of Shareholders Hold The Majority In Eveready Industries India Limited's (NSE:EVEREADY) Shares?
Jan 21Will Eveready Industries India (NSE:EVEREADY) Multiply In Value Going Forward?
Jan 03Eveready Industries India (NSE:EVEREADY) Has A Rock Solid Balance Sheet
Dec 17If You Had Bought Eveready Industries India (NSE:EVEREADY) Shares A Year Ago You'd Have Earned 221% Returns
Nov 29Estimating The Fair Value Of Eveready Industries India Limited (NSE:EVEREADY)
Nov 11Eveready Industries India Limited's (NSE:EVEREADY) Stock Is Going Strong: Is the Market Following Fundamentals?
Oct 22How Many Eveready Industries India Limited (NSE:EVEREADY) Shares Do Institutions Own?
Sep 25Is Eveready Industries India (NSE:EVEREADY) Using Too Much Debt?
Sep 04Should You Rely On Eveready Industries India's (NSE:EVEREADY) Earnings Growth?
Aug 21If You Had Bought Eveready Industries India (NSE:EVEREADY) Shares A Year Ago You'd Have Earned77% Returns
Aug 03Eveready Industries India Limited's (NSE:EVEREADY) Shares Not Telling The Full Story
Jul 16Eveready Industries India Limited's (NSE:EVEREADY) Stock Is Going Strong: Is the Market Following Fundamentals?
Jul 07Financial Position Analysis
Short Term Liabilities: EVEREADY's short term assets (₹4.6B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: EVEREADY's short term assets (₹4.6B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: EVEREADY's net debt to equity ratio (71.7%) is considered high.
Reducing Debt: EVEREADY's debt to equity ratio has reduced from 108.5% to 73.8% over the past 5 years.
Debt Coverage: EVEREADY's debt is well covered by operating cash flow (54%).
Interest Coverage: EVEREADY's interest payments on its debt are well covered by EBIT (3.5x coverage).