Ester Industries Balance Sheet Health
Financial Health criteria checks 2/6
Ester Industries has a total shareholder equity of ₹7.2B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are ₹16.4B and ₹9.3B respectively.
Key information
107.7%
Debt to equity ratio
₹7.73b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.86b |
| Equity | ₹7.18b |
| Total liabilities | ₹9.26b |
| Total assets | ₹16.43b |
Recent financial health updates
Is Ester Industries (NSE:ESTER) Using Too Much Debt?
Aug 12
Does Ester Industries (NSE:ESTER) Have A Healthy Balance Sheet?
Nov 17Ester Industries (NSE:ESTER) Takes On Some Risk With Its Use Of Debt
May 26Is Ester Industries (NSE:ESTER) A Risky Investment?
Jul 08Is Ester Industries (NSE:ESTER) A Risky Investment?
Mar 03Ester Industries (NSE:ESTER) Seems To Use Debt Rather Sparingly
Dec 03
Recent updates
Ester Industries Limited (NSE:ESTER) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 09Investors Aren't Buying Ester Industries Limited's (NSE:ESTER) Revenues
Mar 14Ester Industries (NSE:ESTER) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Sep 12Ester Industries (NSE:ESTER) Will Pay A Smaller Dividend Than Last Year
Aug 29Ester Industries' (NSE:ESTER) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 14Is Ester Industries (NSE:ESTER) Using Too Much Debt?
Aug 12Does Ester Industries (NSE:ESTER) Have A Healthy Balance Sheet?
Nov 17Shareholders Will Probably Hold Off On Increasing Ester Industries Limited's (NSE:ESTER) CEO Compensation For The Time Being
Sep 22Ester Industries' (NSE:ESTER) Dividend Will Be ₹1.90
Sep 15Ester Industries (NSE:ESTER) Will Pay A Dividend Of ₹1.90
Sep 01Ester Industries (NSE:ESTER) Has Affirmed Its Dividend Of ₹1.90
Aug 15Ester Industries (NSE:ESTER) Takes On Some Risk With Its Use Of Debt
May 26Ester Industries (NSE:ESTER) Is Investing Its Capital With Increasing Efficiency
Apr 30Shareholders Would Enjoy A Repeat Of Ester Industries' (NSE:ESTER) Recent Growth In Returns
Nov 18Ester Industries (NSE:ESTER) Is Achieving High Returns On Its Capital
Aug 04Is Ester Industries (NSE:ESTER) A Risky Investment?
Jul 08Ester Industries (NSE:ESTER) Strong Profits May Be Masking Some Underlying Issues
May 25Will Ester Industries (NSE:ESTER) Become A Multi-Bagger?
Mar 21Is Ester Industries (NSE:ESTER) A Risky Investment?
Mar 03How Does Ester Industries Limited (NSE:ESTER) Fare As A Dividend Stock?
Feb 13If You Had Bought Ester Industries (NSE:ESTER) Stock A Year Ago, You Could Pocket A 184% Gain Today
Jan 25Is Ester Industries Limited's (NSE:ESTER) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 07These Trends Paint A Bright Future For Ester Industries (NSE:ESTER)
Dec 20Ester Industries (NSE:ESTER) Seems To Use Debt Rather Sparingly
Dec 03Financial Position Analysis
Short Term Liabilities: ESTER's short term assets (₹5.4B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: ESTER's short term assets (₹5.4B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: ESTER's net debt to equity ratio (81.7%) is considered high.
Reducing Debt: ESTER's debt to equity ratio has increased from 78.8% to 107.7% over the past 5 years.
Debt Coverage: ESTER's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: Insufficient data to determine if ESTER's interest payments on its debt are well covered by EBIT.