Everest Kanto Cylinder Balance Sheet Health
Financial Health criteria checks 6/6
Everest Kanto Cylinder has a total shareholder equity of ₹10.5B and total debt of ₹734.1M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹13.6B and ₹3.1B respectively. Everest Kanto Cylinder's EBIT is ₹1.4B making its interest coverage ratio 20. It has cash and short-term investments of ₹636.2M.
Key information
7.0%
Debt to equity ratio
₹734.10m
Debt
| Interest coverage ratio | 20x |
| Cash | ₹636.20m |
| Equity | ₹10.47b |
| Total liabilities | ₹3.11b |
| Total assets | ₹13.59b |
Recent financial health updates
We Think Everest Kanto Cylinder (NSE:EKC) Can Stay On Top Of Its Debt
Jun 16
Everest 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 18We Think Everest Kanto Cylinder (NSE:EKC) Can Stay On Top Of Its Debt
Jan 04
Recent updates
Everest 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 18Here's Why I Think Everest Kanto Cylinder (NSE:EKC) Is An Interesting Stock
Jun 30We Like These Underlying Return On Capital Trends At Everest Kanto Cylinder (NSE:EKC)
May 26Everest Kanto Cylinder Limited's (NSE:EKC) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 12Will The ROCE Trend At Everest Kanto Cylinder (NSE:EKC) Continue?
Feb 25Should You Use Everest Kanto Cylinder's (NSE:EKC) Statutory Earnings To Analyse It?
Feb 12Need To Know: Everest Kanto Cylinder Limited (NSE:EKC) Insiders Have Been Buying Shares
Jan 30Investors Who Bought Everest Kanto Cylinder (NSE:EKC) Shares Five Years Ago Are Now Up 239%
Jan 17We Think Everest Kanto Cylinder (NSE:EKC) Can Stay On Top Of Its Debt
Jan 04How Much is Everest Kanto Cylinder's (NSE:EKC) CEO Getting Paid?
Dec 22Do Its Financials Have Any Role To Play In Driving Everest Kanto Cylinder Limited's (NSE:EKC) Stock Up Recently?
Dec 09Is There More Growth In Store For Everest Kanto Cylinder's (NSE:EKC) Returns On Capital?
Nov 26Financial Position Analysis
Short Term Liabilities: EKC's short term assets (₹8.5B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: EKC's short term assets (₹8.5B) exceed its long term liabilities (₹471.8M).
Debt to Equity History and Analysis
Debt Level: EKC's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: EKC's debt to equity ratio has reduced from 66.2% to 7% over the past 5 years.
Debt Coverage: EKC's debt is well covered by operating cash flow (272.5%).
Interest Coverage: EKC's interest payments on its debt are well covered by EBIT (20x coverage).