Ecoplast Balance Sheet Health
Financial Health criteria checks 6/6
Ecoplast has a total shareholder equity of ₹453.1M and total debt of ₹355.0K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ₹551.5M and ₹98.4M respectively. Ecoplast's EBIT is ₹95.2M making its interest coverage ratio -27.1. It has cash and short-term investments of ₹34.2M.
Key information
0.08%
Debt to equity ratio
₹355.00k
Debt
| Interest coverage ratio | -27.1x |
| Cash | ₹34.20m |
| Equity | ₹453.12m |
| Total liabilities | ₹98.36m |
| Total assets | ₹551.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526703's short term assets (₹292.4M) exceed its short term liabilities (₹79.9M).
Long Term Liabilities: 526703's short term assets (₹292.4M) exceed its long term liabilities (₹18.5M).
Debt to Equity History and Analysis
Debt Level: 526703 has more cash than its total debt.
Reducing Debt: 526703's debt to equity ratio has reduced from 20.9% to 0.08% over the past 5 years.
Debt Coverage: 526703's debt is well covered by operating cash flow (30312.1%).
Interest Coverage: 526703 earns more interest than it pays, so coverage of interest payments is not a concern.