Everest Kanto Cylinder Balance Sheet Health
Financial Health criteria checks 6/6
Everest Kanto Cylinder has a total shareholder equity of ₹11.6B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ₹15.4B and ₹3.8B respectively. Everest Kanto Cylinder's EBIT is ₹1.4B making its interest coverage ratio 26.8. It has cash and short-term investments of ₹1.3B.
Key information
12.1%
Debt to equity ratio
₹1.40b
Debt
| Interest coverage ratio | 26.8x |
| Cash | ₹1.31b |
| Equity | ₹11.63b |
| Total liabilities | ₹3.81b |
| Total assets | ₹15.43b |
Recent financial health updates
These 4 Measures Indicate That Everest Kanto Cylinder (NSE:EKC) Is Using Debt Reasonably Well
Dec 24
These 4 Measures Indicate That Everest Kanto Cylinder (NSE:EKC) Is Using Debt Reasonably Well
Jul 27We Think Everest Kanto Cylinder (NSE:EKC) Can Stay On Top Of Its Debt
Jun 16Everest Kanto Cylinder (NSE:EKC) Has A Pretty Healthy Balance Sheet
Jul 19Is Everest Kanto Cylinder (NSE:EKC) Using Too Much Debt?
Feb 02Is Everest Kanto Cylinder (NSE:EKC) Using Too Much Debt?
Jul 18Recent updates
These 4 Measures Indicate That Everest Kanto Cylinder (NSE:EKC) Is Using Debt Reasonably Well
Dec 24The Market Lifts Everest Kanto Cylinder Limited (NSE:EKC) Shares 26% But It Can Do More
Nov 27Slowing Rates Of Return At Everest Kanto Cylinder (NSE:EKC) Leave Little Room For Excitement
Nov 14Everest Kanto Cylinder Limited's (NSE:EKC) CEO Compensation Looks Acceptable To Us And Here's Why
Aug 24Everest Kanto Cylinder Limited (NSE:EKC) Stock Rockets 36% But Many Are Still Ignoring The Company
Jul 31These 4 Measures Indicate That Everest Kanto Cylinder (NSE:EKC) Is Using Debt Reasonably Well
Jul 27Here's What To Make Of Everest Kanto Cylinder's (NSE:EKC) Decelerating Rates Of Return
Jun 12Everest Kanto Cylinder Limited (NSE:EKC) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Apr 13A Piece Of The Puzzle Missing From Everest Kanto Cylinder Limited's (NSE:EKC) 26% Share Price Climb
Feb 07What Is Everest Kanto Cylinder Limited's (NSE:EKC) Share Price Doing?
Feb 06We Think Everest Kanto Cylinder Limited's (NSE:EKC) CEO Compensation Looks Fair
Sep 16Everest Kanto Cylinder (NSE:EKC) Has Affirmed Its Dividend Of ₹0.70
Sep 01Investors Will Want Everest Kanto Cylinder's (NSE:EKC) Growth In ROCE To Persist
Aug 03We Think Everest Kanto Cylinder (NSE:EKC) Can Stay On Top Of Its Debt
Jun 16At ₹110, Is Everest Kanto Cylinder Limited (NSE:EKC) Worth Looking At Closely?
May 24Everest Kanto Cylinder (NSE:EKC) Might Have The Makings Of A Multi-Bagger
Apr 11This Everest Kanto Cylinder Limited (NSE:EKC) Analyst Is Way More Bearish Than They Used To Be
Nov 17Everest Kanto Cylinder (NSE:EKC) Is Achieving High Returns On Its Capital
Oct 08Everest Kanto Cylinder (NSE:EKC) Will Pay A Larger Dividend Than Last Year At ₹0.70
Aug 28Everest Kanto Cylinder (NSE:EKC) Has A Pretty Healthy Balance Sheet
Jul 19Why We Like The Returns At Everest Kanto Cylinder (NSE:EKC)
Jun 01Calculating The Fair Value Of Everest Kanto Cylinder Limited (NSE:EKC)
May 20Here's Why I Think Everest Kanto Cylinder (NSE:EKC) Might Deserve Your Attention Today
Apr 21Is Everest Kanto Cylinder (NSE:EKC) Using Too Much Debt?
Feb 02If You Like EPS Growth Then Check Out Everest Kanto Cylinder (NSE:EKC) Before It's Too Late
Jan 08Shareholders Would Enjoy A Repeat Of Everest Kanto Cylinder's (NSE:EKC) Recent Growth In Returns
Dec 13Here's Why We Think Everest Kanto Cylinder (NSE:EKC) Is Well Worth Watching
Oct 07Shareholders May Not Be So Generous With Everest Kanto Cylinder Limited's (NSE:EKC) CEO Compensation And Here's Why
Sep 16Is Everest Kanto Cylinder (NSE:EKC) Using Too Much Debt?
Jul 18Financial Position Analysis
Short Term Liabilities: EKC's short term assets (₹9.8B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: EKC's short term assets (₹9.8B) exceed its long term liabilities (₹443.9M).
Debt to Equity History and Analysis
Debt Level: EKC's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: EKC's debt to equity ratio has reduced from 48.2% to 12.1% over the past 5 years.
Debt Coverage: EKC's debt is well covered by operating cash flow (53.6%).
Interest Coverage: EKC's interest payments on its debt are well covered by EBIT (26.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:22 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Everest Kanto Cylinder Limited is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nishit Master | Anand Rathi Shares and Stock Brokers Limited |
| Twinkle Saraf | Batlivala & Karani Securities India Pvt. Ltd. |
| Saurabh Handa | Citigroup Inc |