Encode Packaging India Balance Sheet Health
Financial Health criteria checks 5/6
Encode Packaging India has a total shareholder equity of ₹32.8M and total debt of ₹1.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹34.2M and ₹1.4M respectively. Encode Packaging India's EBIT is ₹140.0K making its interest coverage ratio -0.7. It has cash and short-term investments of ₹815.0K.
Key information
3.1%
Debt to equity ratio
₹1.03m
Debt
| Interest coverage ratio | -0.7x |
| Cash | ₹815.00k |
| Equity | ₹32.79m |
| Total liabilities | ₹1.39m |
| Total assets | ₹34.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530733's short term assets (₹33.6M) exceed its short term liabilities (₹532.0K).
Long Term Liabilities: 530733's short term assets (₹33.6M) exceed its long term liabilities (₹859.0K).
Debt to Equity History and Analysis
Debt Level: 530733's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 530733's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: 530733's debt is well covered by operating cash flow (324.7%).
Interest Coverage: 530733 earns more interest than it pays, so coverage of interest payments is not a concern.