Excellent Wires and Packaging Balance Sheet Health
Financial Health criteria checks 4/6
Excellent Wires and Packaging has a total shareholder equity of ₹39.7M and total debt of ₹22.4M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are ₹70.5M and ₹30.8M respectively. Excellent Wires and Packaging's EBIT is ₹14.0M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹7.6M.
Key information
56.4%
Debt to equity ratio
₹22.39m
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₹7.55m |
| Equity | ₹39.71m |
| Total liabilities | ₹30.80m |
| Total assets | ₹70.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXCELLENT's short term assets (₹49.4M) exceed its short term liabilities (₹30.3M).
Long Term Liabilities: EXCELLENT's short term assets (₹49.4M) exceed its long term liabilities (₹531.0K).
Debt to Equity History and Analysis
Debt Level: EXCELLENT's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EXCELLENT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EXCELLENT's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: EXCELLENT's interest payments on its debt are well covered by EBIT (5.3x coverage).