Electrotherm (India) Balance Sheet Health
Financial Health criteria checks 1/6
Electrotherm (India) has a total shareholder equity of ₹-9.9B and total debt of ₹19.0B, which brings its debt-to-equity ratio to -191.6%. Its total assets and total liabilities are ₹18.2B and ₹28.1B respectively. Electrotherm (India)'s EBIT is ₹3.5B making its interest coverage ratio 6. It has cash and short-term investments of ₹378.1M.
Key information
-191.6%
Debt to equity ratio
₹18.98b
Debt
Interest coverage ratio | 6x |
Cash | ₹378.10m |
Equity | -₹9.91b |
Total liabilities | ₹28.09b |
Total assets | ₹18.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526608 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 526608 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526608 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 526608's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 526608's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 526608's interest payments on its debt are well covered by EBIT (6x coverage).