Worth Peripherals Balance Sheet Health
Financial Health criteria checks 6/6
Worth Peripherals has a total shareholder equity of ₹1.8B and total debt of ₹63.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹2.1B and ₹291.0M respectively. Worth Peripherals's EBIT is ₹215.9M making its interest coverage ratio -7.7. It has cash and short-term investments of ₹559.9M.
Key information
3.5%
Debt to equity ratio
₹63.01m
Debt
| Interest coverage ratio | -7.7x |
| Cash | ₹559.86m |
| Equity | ₹1.81b |
| Total liabilities | ₹290.98m |
| Total assets | ₹2.10b |
Recent financial health updates
Does Worth Peripherals (NSE:WORTH) Have A Healthy Balance Sheet?
Jul 12
Here's Why Worth Peripherals (NSE:WORTH) Can Manage Its Debt Responsibly
Feb 02Recent updates
There Is A Reason Worth Peripherals Limited's (NSE:WORTH) Price Is Undemanding
Sep 19Here's Why Shareholders May Want To Be Cautious With Increasing Worth Peripherals Limited's (NSE:WORTH) CEO Pay Packet
Aug 10Here's What's Concerning About Worth Peripherals' (NSE:WORTH) Returns On Capital
Jan 09Investors Met With Slowing Returns on Capital At Worth Peripherals (NSE:WORTH)
Aug 02The Returns At Worth Peripherals (NSE:WORTH) Aren't Growing
Dec 26Worth Peripherals (NSE:WORTH) Could Be Struggling To Allocate Capital
Sep 16Does Worth Peripherals (NSE:WORTH) Deserve A Spot On Your Watchlist?
Jun 21There Are Reasons To Feel Uneasy About Worth Peripherals' (NSE:WORTH) Returns On Capital
Feb 17Worth Peripherals (NSE:WORTH) May Have Issues Allocating Its Capital
Oct 07Here's Why I Think Worth Peripherals (NSE:WORTH) Might Deserve Your Attention Today
Aug 11Does Worth Peripherals (NSE:WORTH) Have A Healthy Balance Sheet?
Jul 12Worth Peripherals (NSE:WORTH) May Have Issues Allocating Its Capital
May 18Is Worth Peripherals Limited's (NSE:WORTH) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Mar 08Does Worth Peripherals Limited (NSE:WORTH) Have A Place In Your Dividend Portfolio?
Feb 16
Here's Why Worth Peripherals (NSE:WORTH) Can Manage Its Debt Responsibly
Feb 02Has Worth Peripherals (NSE:WORTH) Got What It Takes To Become A Multi-Bagger?
Jan 12How Much Are Worth Peripherals Limited (NSE:WORTH) Insiders Spending On Buying Shares?
Dec 15Financial Position Analysis
Short Term Liabilities: WORTH's short term assets (₹1.2B) exceed its short term liabilities (₹122.6M).
Long Term Liabilities: WORTH's short term assets (₹1.2B) exceed its long term liabilities (₹168.4M).
Debt to Equity History and Analysis
Debt Level: WORTH has more cash than its total debt.
Reducing Debt: WORTH's debt to equity ratio has reduced from 17% to 3.5% over the past 5 years.
Debt Coverage: WORTH's debt is well covered by operating cash flow (204%).
Interest Coverage: WORTH earns more interest than it pays, so coverage of interest payments is not a concern.