Esprit Stones Balance Sheet Health
Financial Health criteria checks 2/6
Esprit Stones has a total shareholder equity of ₹727.4M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 170.8%. Its total assets and total liabilities are ₹2.7B and ₹2.0B respectively. Esprit Stones's EBIT is ₹221.8M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹32.5M.
Key information
170.8%
Debt to equity ratio
₹1.24b
Debt
Interest coverage ratio | 2.6x |
Cash | ₹32.45m |
Equity | ₹727.44m |
Total liabilities | ₹2.02b |
Total assets | ₹2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESPRIT's short term assets (₹1.5B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: ESPRIT's short term assets (₹1.5B) exceed its long term liabilities (₹562.0M).
Debt to Equity History and Analysis
Debt Level: ESPRIT's net debt to equity ratio (166.4%) is considered high.
Reducing Debt: Insufficient data to determine if ESPRIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ESPRIT's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: ESPRIT's interest payments on its debt are not well covered by EBIT (2.6x coverage).