Excel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Excel Industries has a total shareholder equity of ₹15.9B and total debt of ₹360.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹19.9B and ₹4.0B respectively. Excel Industries's EBIT is ₹721.3M making its interest coverage ratio -3.7. It has cash and short-term investments of ₹2.4B.
Key information
0.002%
Debt to equity ratio
₹360.00k
Debt
| Interest coverage ratio | -3.7x |
| Cash | ₹2.40b |
| Equity | ₹15.91b |
| Total liabilities | ₹3.97b |
| Total assets | ₹19.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500650's short term assets (₹6.1B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 500650's short term assets (₹6.1B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 500650 has more cash than its total debt.
Reducing Debt: 500650's debt to equity ratio has reduced from 2.1% to 0% over the past 5 years.
Debt Coverage: 500650's debt is well covered by operating cash flow (136378.1%).
Interest Coverage: 500650 earns more interest than it pays, so coverage of interest payments is not a concern.