Everest Organics Balance Sheet Health
Financial Health criteria checks 2/6
Everest Organics has a total shareholder equity of ₹404.9M and total debt of ₹514.0M, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are ₹2.2B and ₹1.8B respectively. Everest Organics's EBIT is ₹1.9M making its interest coverage ratio 0. It has cash and short-term investments of ₹7.9M.
Key information
127.0%
Debt to equity ratio
₹514.03m
Debt
| Interest coverage ratio | 0.04x |
| Cash | ₹7.92m |
| Equity | ₹404.91m |
| Total liabilities | ₹1.79b |
| Total assets | ₹2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524790's short term assets (₹1.4B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: 524790's short term assets (₹1.4B) exceed its long term liabilities (₹171.4M).
Debt to Equity History and Analysis
Debt Level: 524790's net debt to equity ratio (125%) is considered high.
Reducing Debt: 524790's debt to equity ratio has increased from 74% to 127% over the past 5 years.
Debt Coverage: 524790's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 524790's interest payments on its debt are not well covered by EBIT (0x coverage).