Earthstahl & Alloys Balance Sheet Health
Financial Health criteria checks 5/6
Earthstahl & Alloys has a total shareholder equity of ₹360.8M and total debt of ₹145.8M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ₹591.0M and ₹230.1M respectively. Earthstahl & Alloys's EBIT is ₹35.3M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹55.6M.
Key information
40.4%
Debt to equity ratio
₹145.80m
Debt
Interest coverage ratio | 6.3x |
Cash | ₹55.61m |
Equity | ₹360.84m |
Total liabilities | ₹230.13m |
Total assets | ₹590.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543765's short term assets (₹226.9M) exceed its short term liabilities (₹156.6M).
Long Term Liabilities: 543765's short term assets (₹226.9M) exceed its long term liabilities (₹73.5M).
Debt to Equity History and Analysis
Debt Level: 543765's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543765's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543765's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 543765's interest payments on its debt are well covered by EBIT (6.3x coverage).