Welspun Balance Sheet Health
Financial Health criteria checks 6/6
Welspun has a total shareholder equity of ₹51.4B and total debt of ₹19.9B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ₹121.7B and ₹70.3B respectively. Welspun's EBIT is ₹14.1B making its interest coverage ratio 6.6. It has cash and short-term investments of ₹16.3B.
Key information
38.7%
Debt to equity ratio
₹19.89b
Debt
Interest coverage ratio | 6.6x |
Cash | ₹16.25b |
Equity | ₹51.44b |
Total liabilities | ₹70.30b |
Total assets | ₹121.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532144's short term assets (₹66.3B) exceed its short term liabilities (₹49.9B).
Long Term Liabilities: 532144's short term assets (₹66.3B) exceed its long term liabilities (₹20.4B).
Debt to Equity History and Analysis
Debt Level: 532144's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 532144's debt to equity ratio has reduced from 46.9% to 38.7% over the past 5 years.
Debt Coverage: 532144's debt is well covered by operating cash flow (86.9%).
Interest Coverage: 532144's interest payments on its debt are well covered by EBIT (6.6x coverage).