Western India Plywoods Balance Sheet Health
Financial Health criteria checks 5/6
Western India Plywoods has a total shareholder equity of ₹433.2M and total debt of ₹162.5M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are ₹769.7M and ₹336.5M respectively. Western India Plywoods's EBIT is ₹50.0M making its interest coverage ratio 9.3. It has cash and short-term investments of ₹71.8M.
Key information
37.5%
Debt to equity ratio
₹162.50m
Debt
| Interest coverage ratio | 9.3x |
| Cash | ₹71.80m |
| Equity | ₹433.20m |
| Total liabilities | ₹336.50m |
| Total assets | ₹769.70m |
Recent financial health updates
Western India Plywoods (NSE:WIPL) Seems To Use Debt Rather Sparingly
Mar 16
Western India Plywoods (NSE:WIPL) Could Easily Take On More Debt
Dec 28Here's Why Western India Plywoods (NSE:WIPL) Has A Meaningful Debt Burden
Jan 13We Think Western India Plywoods (NSE:WIPL) Is Taking Some Risk With Its Debt
Jan 06
Recent updates
Earnings Not Telling The Story For The Western India Plywoods Limited (NSE:WIPL) After Shares Rise 45%
Aug 14If EPS Growth Is Important To You, Western India Plywoods (NSE:WIPL) Presents An Opportunity
May 21Western India Plywoods (NSE:WIPL) Seems To Use Debt Rather Sparingly
Mar 16Estimating The Fair Value Of The Western India Plywoods Limited (NSE:WIPL)
Oct 21Should You Be Adding Western India Plywoods (NSE:WIPL) To Your Watchlist Today?
Jul 25Calculating The Fair Value Of The Western India Plywoods Limited (NSE:WIPL)
Feb 10Western India Plywoods (NSE:WIPL) Could Easily Take On More Debt
Dec 28Here's Why Western India Plywoods (NSE:WIPL) Has A Meaningful Debt Burden
Jan 13Calculating The Intrinsic Value Of The Western India Plywoods Limited (NSE:WIPL)
Jun 01A Look At The Intrinsic Value Of The Western India Plywoods Limited (NSE:WIPL)
Feb 16We Think Western India Plywoods (NSE:WIPL) Is Taking Some Risk With Its Debt
Jan 06Financial Position Analysis
Short Term Liabilities: WIPL's short term assets (₹469.9M) exceed its short term liabilities (₹216.4M).
Long Term Liabilities: WIPL's short term assets (₹469.9M) exceed its long term liabilities (₹120.1M).
Debt to Equity History and Analysis
Debt Level: WIPL's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: WIPL's debt to equity ratio has reduced from 54.6% to 37.5% over the past 5 years.
Debt Coverage: WIPL's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: WIPL's interest payments on its debt are well covered by EBIT (9.3x coverage).