Welspun Specialty Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Welspun Specialty Solutions has a total shareholder equity of ₹930.8M and total debt of ₹2.6B, which brings its debt-to-equity ratio to 278.8%. Its total assets and total liabilities are ₹5.9B and ₹4.9B respectively. Welspun Specialty Solutions's EBIT is ₹618.5M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹5.6M.
Key information
278.8%
Debt to equity ratio
₹2.60b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹5.60m |
Equity | ₹930.80m |
Total liabilities | ₹4.94b |
Total assets | ₹5.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500365's short term assets (₹3.5B) do not cover its short term liabilities (₹3.6B).
Long Term Liabilities: 500365's short term assets (₹3.5B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 500365's net debt to equity ratio (278.2%) is considered high.
Reducing Debt: 500365 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 500365's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 500365's interest payments on its debt are not well covered by EBIT (1.9x coverage).