Electrotherm (India) Balance Sheet Health
Financial Health criteria checks 1/6
Electrotherm (India) has a total shareholder equity of ₹-7.8B and total debt of ₹17.7B, which brings its debt-to-equity ratio to -226.5%. Its total assets and total liabilities are ₹18.4B and ₹26.2B respectively. Electrotherm (India)'s EBIT is ₹3.8B making its interest coverage ratio 6.3. It has cash and short-term investments of ₹623.9M.
Key information
-226.5%
Debt to equity ratio
₹17.69b
Debt
Interest coverage ratio | 6.3x |
Cash | ₹623.90m |
Equity | -₹7.81b |
Total liabilities | ₹26.22b |
Total assets | ₹18.41b |
Recent financial health updates
No updates
Recent updates
Even With A 48% Surge, Cautious Investors Are Not Rewarding Electrotherm (India) Limited's (NSE:ELECTHERM) Performance Completely
May 01Electrotherm (India) Limited (NSE:ELECTHERM) Soars 29% But It's A Story Of Risk Vs Reward
Mar 17Estimating The Fair Value Of Electrotherm (India) Limited (NSE:ELECTHERM)
Aug 09Estimating The Intrinsic Value Of Electrotherm (India) Limited (NSE:ELECTHERM)
Nov 15Are Electrotherm (India)'s (NSE:ELECTHERM) Statutory Earnings A Good Guide To Its Underlying Profitability?
Aug 02Financial Position Analysis
Short Term Liabilities: ELECTHERM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ELECTHERM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ELECTHERM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ELECTHERM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ELECTHERM's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: ELECTHERM's interest payments on its debt are well covered by EBIT (6.3x coverage).