Welcure Drugs & Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 6/6
Welcure Drugs & Pharmaceuticals has a total shareholder equity of ₹1.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.7B and ₹1.7B respectively. Welcure Drugs & Pharmaceuticals's EBIT is ₹13.9M making its interest coverage ratio -24. It has cash and short-term investments of ₹2.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -24x |
| Cash | ₹2.27m |
| Equity | ₹1.02b |
| Total liabilities | ₹1.68b |
| Total assets | ₹2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524661's short term assets (₹2.7B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 524661 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 524661 is debt free.
Reducing Debt: 524661 has not had any debt for past 5 years.
Debt Coverage: 524661 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 524661 has no debt, therefore coverage of interest payments is not a concern.