Ester Industries Balance Sheet Health
Financial Health criteria checks 1/6
Ester Industries has a total shareholder equity of ₹6.9B and total debt of ₹7.8B, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are ₹16.3B and ₹9.4B respectively.
Key information
112.9%
Debt to equity ratio
₹7.75b
Debt
Interest coverage ratio | n/a |
Cash | ₹1.65b |
Equity | ₹6.87b |
Total liabilities | ₹9.41b |
Total assets | ₹16.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500136's short term assets (₹5.1B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 500136's short term assets (₹5.1B) do not cover its long term liabilities (₹5.6B).
Debt to Equity History and Analysis
Debt Level: 500136's net debt to equity ratio (88.8%) is considered high.
Reducing Debt: 500136's debt to equity ratio has increased from 105.8% to 112.9% over the past 5 years.
Debt Coverage: 500136's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: Insufficient data to determine if 500136's interest payments on its debt are well covered by EBIT.